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Man Group’s performance fees surge 431%, assets under management hit $178bn

Hedge Funds

Hedge Funds Correspondent

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Man Group posted a 98% jump in profit for the first half of the year, on the back of strong growth in revenue and performance fees.

Profit after tax hit $164m for the six months ended 30 June, up from $83m in the first half of 2023. Revenue came in at $761m, up 48% compared with $513m in 2023.

Revenue for the first half of the year came in at $761m

Bilal Jafar

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