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$138B investment manager Man Group to launch crypto hedge fund: Report

Published 11/18/2022, 12:00 PM
Updated 11/18/2022, 01:40 PM
$138B investment manager Man Group to launch crypto hedge fund: Report

London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund, signaling continued investor appetite for digital assets in the wake of FTX’s monumental collapse earlier this month.

Bloomberg reported on Nov. 18 that Man Group is preparing to launch its crypto-focused hedge fund through its computer-led trading unit AHL. Citing private sources, Bloomberg disclosed that the new hedge fund could be ready by the end of the year.

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