Man Group PLC (EMG.LN) said Tuesday the net asset value of Athena Guaranteed Futures Ltd. at the close of business Sept. 30 was up 0.55% on the month at $127.24.

In the last 12 months, it is up 10.5%.

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 $39.5 billion in funds under management at Sept. 30.

Shares at 0925 GMT up 6.4 pence, or 2.9%, at 224 pence valuing the company at GBP3.84 billion.

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