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Man Group CEO Sees Life Very Difficult for Hedge Funds

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Published on Feb 15, 2017

Feb.15 — Luke Ellis, chief executive officer at Man Group, discusses the new realities facing the hedge fund industry, the need to adjust fees to lower volatility, and his view that more than 30 percent of funds will close by 2030. He speaks with Bloomberg’s Jason Kelly on “Bloomberg Daybreak: Americas.”

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