Britain's Most Admired No.8: Man Group, Peter Clarke

Clarke calls the current turmoil 'the most extraordinary markets any of us have ever seen'...

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Last Updated: 09 Oct 2013

Even the world's largest listed hedge fund group isn't immune - profits for the six months to September fell 24%. But compared to the battering taken by its rivals, Man is doing pretty well. For starters, more money came in than went out the door: net inflows stood at $4.2bn for the six months to the end of September. Clarke says Man's balance-sheet strength and adaptability will help it to weather the storm.

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