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Man Group Drives Diversification With NewSmith Buy

By Karlee Weinmann ( February 20, 2015, 3:18 PM EST) -- Britain's Man Group PLC, the world's largest listed hedge fund company, added to a spate of recent acquisitions Friday with an agreement to buy NewSmith LLP's investment management business, in a move that puts another $1. 2 billion in funds under Man Group's umbrella. . . .

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