Man Group falls 6.5% after AHL’s assets drop
| January 27th, 2010 | ||
| Man Group plc’s stock dropped by 6.5% today following an announcement that the hedge fund manager’s flagship AHL Fund had seen its net asset value fall last week by almost 3.6%. According to the Guardian, Credit Suisse lowered its target price for Man Group plc after the announcement from 320p to 300p. | ||
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Man Group plc |
Related People: John Rowsell;
Related Entities: AHL;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News
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