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Peter Clarke, Man Group, on market upsets
Part 1, Nov 21: Man Group is the largest listed hedge fund manager in the world. As markets tumbled in recent months, the company still managed to turn in a 21 percent rise in profits for the six months to the end of September. In the first section of this interview recorded on Monday 19th November), the chief executive of Man Group, Peter Clarke, tells Charlie Pretzlik, FT companies editor, how he sees turmoil developing in coming months, explains his views on the valuations of Chinese stocks and predicts a remarkable rise in failures in the hedge fund industry.