Man Group shares surge as assets hit record $253bn

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Shares in Man Group surged on Tuesday morning after the group posted record assets under management and a recovery in performance fees.

Shares in the FTSE 250 hedge fund increased six per cent to 318p per share.

The stock has rocketed 36.5 per cent since January.

Core net revenue hit $853m, bolstered by a 21 https://www.cityam.com/man-group-shares-surge-as-assets-hit-record-253bn/">[...]