, the world's largest quoted hedge fund, led the market lower on fears about its future growth. The company's shares dropped 17.1p to 246p - a 6.5% decline - after it announced that the net asset value of its key AHL fund had fallen by 3.57% last week. At the same time Credit Suisse cut its price target from 320p to 300p. The bank said: We are edging down our forecasts for Man group to incorporate guidance given on the conference call following the recent trading update and the weak AHL returns...
Full Story: The Guardian
