Man Group Plans Crypto Hedge Fund Despite FTX, Market Turmoil: Report

According to a report by Bloomberg, the world’s largest publicly traded hedge fund manager, Man Group Plc, plans to launch a cryptocurrency-exclusive fund early next year. The report cites anonymous sources with knowledge of the matter, who said the firm has been developing the strategy led by Man Group portfolio manager Andre Rzym for months. The dedicated fund will be approved for investors only after the company assesses it for counterparty risks, according to one of the sources. (forkast)

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