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Hedge fund giant Man Group sees assets fall 8 per cent in first half, as coronavirus crisis creates performance challenges

Hedge fund giant Man Group sees assets fall 8 per cent in first half, as coronavirus crisis creates performance challenges

Man Group has seen its funds under management tumble 8 per cent this year, as investment performance took a hit and investor redemptions spiked during the coronavirus crisis - but CEO Luke Ellis says the London-headquartered publicly-traded hedge fund group remains well-positioned despite 2020’s ongoing challenges.

OIL

Energy hedge fund Westbeck sees “big opportunity” in oil equities following stellar first-half performance

Energy hedge fund Westbeck sees “big opportunity” in oil equities following stellar first-half performance

Westbeck Capital, a London-based oil-focused hedge fund, continues to generate stellar double-digit returns in 2020’s lively energy markets, and believes short-term mis-pricings in oil equities offers further buying opportunities ahead of a potential price recovery later this year.