Man Group, the world’s largest publicly-listed hedge fund, now has ‘negligible’ exposure to Russia and Ukraine, having cut its investment in the countries over recent weeks.
Man Group, the world’s largest publicly-listed hedge fund, now has ‘negligible’ exposure to Russia and Ukraine, having cut its investment in the countries over recent weeks.
A report by Reuters quotes Chief Financial Officer Antoine Forterre as saying that the London-based group first began reducing exposure for its discretionary emerging markets fund back in December, with other Man Group hedge funds following suit in the past fortnight.
On Tuesday, Man Group reported record assets of USD at the end of 2021, a increase of 20 per cent over the year.
