Did a computer-driven fund get caught too long the Nikkei and too short the yen? Man Group...

|About: Man Group Plc ADR (MNGPY)|By:, SA News Editor

Did a computer-driven fund get caught too long the Nikkei and too short the yen? Man Group (MNGPY.PK, MNGPF.PK) - the world's largest publicly traded hedge fund operator - tumbles 13.5% in London after disclosing its flagship AHL fund fell 8.9% in the week ended June 3, its biggest loss ever (let's hope so). Adding in the previous week's 3.1% loss, the formerly hot fund is now in the red for the year.