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Man Group adds $8 billion in first quarter

Net inflows, investment performance and an acquisition boost the firm's funds under management

Man Group adds $8 billion in first quarter

London-listed hedge fund manager Man Group saw its funds under management rise to within touching distance of $90 billion during the first quarter, driven by strong inflows and performance.

In a trading statement today, Man Group said total assets rose almost 10% to $88.7 billion in the three months to the end of March.

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