Leading hedge fund management firm, Man Group Plc recently announced that its latest offering - the Man Multi-Strategy Series 5 - has attracted a record $725 million since its launch in February, boosting the company's assets under management to more than $26 billion.
Observers have suggested that the success of the guaranteed capital fund is especially praiseworthy given the prevailing investor sentiment at the time of its launch, and subsequent market jitters over the war with Iraq.
Speaking to Reuters in March, Man Chief Executive, Stanley Fink revealed that the Group intends to keep the momentum going, with new capital guaranteed funds scheduled for launch in April, June, October, and December.
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