Man Group PLC (EMG.LN) Wednesday said the net asset value of Man AHL Diversified PCC: Class A Man AHL Diversified (Guernsey) USD Shares at the close of business May 30 was up 1.9% on the week at $1.1785.

In the last 12 months, it is up 7.7%.

It uses quantitative models to exploit price trends in a variety of markets, including stocks, bonds and commodities.

Across all of its funds, Man Group had some $69 billion in funds under management at March 31.

Shares at 0750 GMT down 0.1% at 257 pence valuing the company at GBP1.84 billion.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com