Stockholm (HedgeNordic) – MAN AHL, the MAN Group’s quant alternatives arm, increased assets by 16% to USD 19bn in the six months to 30 June, according to interim results.
The growth was driven by net inflows of USD 2.5 bn which included USD 600 million invested in the new “Institutional Solutions” offering which provides bespoke solutions for institutional clients, allowing flexible combinations of AHL’s different strategies.
Although showing positive net inflows during the period, the total funds under management for the group decreased from USD 78.7 bn by year-end 2015 to USD 76.4 bn as of June 30th. The drop in total assets was largely driven by negative investment movements in MAN’s GLG fund offering, the report states.
Picture: (c) Hirurg – shutterstock.com