Man Group AHL Diversified NAV Up 1.59%
February 17 2009 - 1:18PM
Dow Jones News
LONDON (Dow Jones)--Man Group PLC (EMG.LN) Tuesday said the net
asset value of AHL Diversified Futures Ltd. at the close of
business Monday was up 1.59% on the week at $41.41.
In the last 12 months, it is up 16.6%.
The fund has about $950 million under management. It uses
quantitative models to exploit price trends in a variety of
markets, including stocks, bonds and commodities.
Its performance is seen as a proxy on Man Group's entire range
of AHL funds, which are one of Man's largest businesses with
roughly $24.7 billion under management.
Across all of its funds, Man Group had some $70.3 billion in
funds under management at Sep. 30, making it the world's largest
manager of hedge fund assets.