The London-listed company had negative investment movements of $10.7bn for the period

Former Reporter

Man Group said Friday that assets under management declined in the first quarter of 2020, mainly due to negative investments and foreign-exchange movements.

The hedge fund manager said assets under management fell 11% to $104.2bn as of March 31 compared with $117.7bn as of 31 December.

Man Group sees assets fall due to Covid-19, pushes ahead with dividend

Man Group’s assets fall due to Covid-19

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