Man Group Launches Crypto Hedge Fund Despite Difficult Market Circumstances

Man Group, the largest publicly traded hedge fund company, is reportedly close to launching a cryptocurrency fund despite recent FTX downturn. Bloomberg reports that Man Group has already been exposed to digital assets through AHL, which trades cryptocurrency futures regularly. Man Group had $138.4 Billion in assets at the end of September. The Man Group is a member of the FTSE 250. It conducts open market trading on London Stock Exchange. Andre Rzym, manager of investments, is responsible for the effort. Man Group’s AHL already trades futures on cryptocurrencies. This statement coincides with the FTX crises, one of the most significant recent developments in the cryptocurrency market. The most FTX-related collateral harm is being experienced by centralized enterprises.DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comHaroldCoincu NewsTags: AHLcrypto hedge fundFTSE 250FTXMan Group