Hedge Fund Man Group Hails New Era After $13 Billion Mandate

Man Group Plc, the world’s largest publicly traded hedge-fund manager, is seeing growth in client flows as a number of institutional investors in Europe reassign mandates based on sustainability criteria.

UK-based Man Group’s sustainable-investment offering tends to be “on the more complicated product solutions part of the spectrum and I think for that reason, frankly, we undergrew the market historically,” Jason Mitchell, the hedge fund manager’s head of responsible investment research, said in an interview. But “that now has changed for us.”