Man Group attracted $1.1bn in net inflows over the three months to 31 March 2023, helping to boost assets under management to $144.7bn.
AUM rose by $1.4bn to $144.7bn over the quarter, from $143.3bn at the end of 2022, with $700m added from positive investment performance. But while the firm's absolute return capabilities recorded $1.3bn of net inflows, negative impacts from investment performance and FX moves totalling $2.6bn saw absolute return AUM fall $1.3bn, negating the flows movement. Total return AUM, on the other hand, increased by $600m to $29.4bn. Man Group AUM falls 4% in 2022 despite $3.1bn in inflows Of the company's absolute return strategies, the Man Institutional Solutions experienced the bigges...
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