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Interview: Man Group’s Luke Ellis on Where to Invest Now

The manager of the London-based investment firm’s $18 billion funds-of-funds business talks with Alpha about the FRM merger, what strategies he favors and why hedge fund investors should adjust their return expectations.

      Man Group's Luke Eliis When Man Group acquired rival fund of funds firm FRM Holdings last summer, the deal delivered an immediate—and sorely needed—boost. The target kicked in $8.3 billion in assets under management, bringing Man’s total to more than $67 billion and making it one of the world’s leading funds-of-funds

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