Man Group Plc, one of the world’s largest investment management firms, is set to launch a cryptocurrency-focused hedge fund to delve deeper into the troubled cryptocurrency market reeling from the bankruptcy of FTX, people familiar with the matter said.
A spokesman for Man Group declined to comment. According to the person familiar with the matter who requested anonymity, fund manager Andre Rzym has been developing a cryptocurrency fund investment strategy for Man Group in recent months, and the fund may be launched as early as the end of this year. (Bloomberg)
