Man Group falls 6.5% after AHL’s assets drop

January 27th, 2010
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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: Emmanuel Roman; Jon Aisbitt
Related Entities: AHL; BlueCrest Capital Management; GLG Partners; Man Global Strategies; Man Investments
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News


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