Right numbers, wrong spin

Slapped wrists at Man Alternative Investments Limited, a publicly listed hedge fund managed by Man Group.

Somebody – no names – issued a trading advisers' report for April, which painted a glowing picture of how the fund had generated "gains" and "handsome returns" from a variety of strategies.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire