Man Group, the world's largest listed hedge fund firm, will see income from management fees rise by 50%, when it announces interim profits in November, boosted by the rapid growth of assets under management.

In the six months to September 30, RMF's funds under management stood at $12.5bn (€10.7bn) , compared with $11.1bn six months ago. Assets under management at the group as a whole have now broken through the $30bn mark.