Man Group enjoys record $900m net inflows as performance fees surge fivefold

In response to its half-year outcomes revealed immediately (26 July), the world’s largest listed hedge fund ended the primary half of this yr with a recent document $178.2bn in belongings underneath administration, up from $151.7bn a yr prior. 
The FTSE 250 agency noticed $2.5bn in web inflows throughout the second quarter, reversing the earlier two quarters of outflows. Each AUM and flows beat analyst expectations, which had projected $600m in web outflows and $177.9bn in AUM for the interval.
Statutory revenue after tax reached $164m, up from $83m within the first half of 2023, representing a 97.6% enhance. Revenues in…