UK's Man Group up after Meiji Yasuda commits $1.3 billion, weighs 5% stake

By Reuters News

** Shares of hedge fund Man Group EMG.L rise 4% to 326.40 pence

** Japan's Meiji Yasuda commits 200 billion yen ($1.27 billion) to EMG's investment strategies over three years, with a focus on private credit, and considers acquiring a 5% stake in co through open-market purchases

** Stock up ~42% YTD


($1 = 157.1500 yen)

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