Managed accounts have been used by Man since 1998 and since then have formed a key part of its overall multi-manager offering. They now account for 60% of assets under management (AUM).
“Although we have a limited number of managed accounts that are direct access, the majority are via the managed accounts structure. This is the way that our business is focussed,” explains Steve McGoohan, senior MAC analyst at Man Group.
As its primary aim the traditional multi-manager structure at Man is to inves
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