Company
Man Group PLC
LON:EMG
Man Group is an alternative investment management business with a range of funds for institutional and private investors globally.
99 stories
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FTSE 100 claws back losses after Israel strike in Iran; Asda sale close
Stocks bounced back after facing a blow on news that Israel had launched an attack against Iran overnight
Man Group gets rating downgrade to 'Neutral' from 'Buy' by UBS
The UBS analysts said: "We think the market underestimates the magnitude and duration of the upcoming pension fund de-risking process on EMG's liquid total and absolute return products"
Man Group sees $0.5bn of net outflows, AUM shrinks again
The hedge fund manager reported a whopping US$4.5bn of negative forex impact, primarily from the US dollar strength
Man Group reports drop in AUM and flags market volatility
The investment manager's US$125mln share buyback is now 31% complete
Man Group funds at new high as alternative strategies pull in cash
“Looking forward, we see positive momentum continuing into the fourth quarter”
Investments and investor services
European asset managers' price targets nudged higher ahead of results season
Performance fees are likely to be the key point of differentiation in the results for asset managers, with Credit Suisse predicting Man Group will beat consensus first-half earnings expectations.
Man Group lifted by alternative strategies demand
Total funds under management rose by 4% to US$113.1bn
Man Group to start share buyback programme of up to US$100mln
The programme will run for a year and will cover 66mln shares
Man Group ups dividend as funds under management shrink
“As anticipated, redemptions increased in Q2, but it is pleasing to see flow momentum normalising as we enter the second half,” said CEO Luke Ellis
Man Group outperforms peers in difficult first quarter
Funds under management collapsed in the first quarter but Man's asset-weighted outperformance versus its peers was put at +2.5%
Asset manager ratings revised as like “trying to shoot ducks on a conveyor belt”
Analysts at UBS, Shore Capital and Jefferies picked out potential winners and losers after asset manager shares tumbled in recent weeks
Man Group returns to net inflows in Q4, says momentum continues
The hedge fund manager saw net outflows of US$1.3bn, but its funds generated US$10.1bn of investment gains, mostly from long-only strategies and alternative quant strategies
Man Group says outlook "mixed" as funds fall in third quarter
Looking ahead, chief executive Luke Ellis said the board was “encouraged by our good performance fee earning potential, although uncertain economic conditions mean the outlook for flows remains mixed”
Man Group appoints former Deutsche Bank CEO as new chairman
John Cryan, who headed the German bank from 2016 to 2018, will take up his new role at the hedge fund group on 1 January
FTSE 100 closes marginally down after treading water through the day as Parliament breaks for Easter after Brexit extension
Holiday cheer as airline stocks gain on hopes holidaymakers will put Brexit concerns aside for summer
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WH Smith investors are hoping for dividend boost
Less of a newsagent nowadays but could WH Smith be set to increase payouts to shareholders.
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Retailers Tesco and ASOS to provide the main corporate excitement in coming week
Also on the retail front, WH Smith and Dunelm will issue updates as well in the Week Ahead, while on the macro front an ECB rate decision and US FOMC meeting minutes are also due
Man Group higher as Credit Suisse starts the hedge fund firm with an ‘outperform’ rating, sees “significant upside”
Credit Suisse’s analysts said that, in their view, consensus forecasts are too conservative on Man Group’s expected first quarter performance and future buyback assumptions
Man Group seeing a pick-up in redemptions
The group's run rate net management fee margin stood at 69 basis points at 31 December 2018 (100 basis points equals one percentage point)
FTSE 100 closes down on week but higher on Friday as trader optimism returns
Footsie closed the day 32 points up, or 0.45% at 7,106
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City set for surprisingly busy Friday with WPP, Rightmove and William Hill all due up
Fridays are normally quiet affairs in the City, but not this week…
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Hotchpotch of blue-chip results set to flow in coming week from likes of Rolls-Royce, ITV, WPP
The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
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Royal Mail update expected to delivery another decline; second Brexit parliamentary vote key
Aside from the Royal Mail update, investors will also have an eye on news from Hargreaves Lansdown, Crest Nicholson and Domino's Pizza
Funding Circle shares plunge to fresh low on reports of Citigroup downgrade to ‘sell’
In early afternoon trading, Funding Circle shares – which are due to join the FTSE 250 index from the start of trading next Monday – had dropped by 23.5% to 247.65p, well below its 440p float price
Man Group upgraded to 'buy' by UBS as concerns over second-half fees ease
UBS analysts believe concerns over Man Group's second-half performance have been overblown and are more than priced into its shares at current levels
Man Group PLC posts slight increase in Q3 funds under management, proposes new holding company
The hedge fund said funds under management rose to US$114.1bln in the quarter ended September 30, from US$113.7bln at the end of the second quarter
Man Group shares up as hedge fund manager sees assets under management increase, generates higher fee returns
The FTSE 250-listed firm said its gross management and other fees rose by 26% to US$423mln in the six months to 30 June 2018, up from US$378mln a year earlier
Investments and investor services
FTSE 100 closes firmly lower as miners lag and attention turns to BoE rate decision
The Footsie closed Wednesday almost 96 points lower at 7,652.
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Financial sector to hold most attention as Fed rate decision looms
The Fed rate decision is expected to come and go with little drama on Wednesday, with the decision from the Bank of England on Thursday more likely to cause upheaval
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Banks in the foreground as the BoE and Fed make rate decisions; Barclays, Lloyds, RBS all report results
Aside from the raft of banking numbers in the Week Ahead, the likes of BP, Centrica, Next, Rolls-Royce, BAE Systems and Taylor Wimpey will also continue the FTSE 100 reporting splurge
Man Group reports quarterly growth in assets, announces US$100mln share buyback
Man Group said net inflows of US$4.8bn and a US$1.2bn boost from favourable foreign exchange rates helped deliver growth in funds under management
Schroders posts strong full-year results, boosted by market gains, acquisitions, fund inflows
The blue-chip fund manager reported a 23% jump in 2017 pre-tax profit to £760.2mln, up from £618.1mln and above the consensus forecast for £728.5mln
Investments and investor services
FTSE 100 closes firmly lower on chilly Wednesday with ITV the big switch-off
The Footsie may have mainly traded sideways throughout the day but there have been some notable movements among blue-chips.
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Advertising key to ITV's latest results broadcast; Taylor Wimpey continues housebuilder updates
Day ahead includes full-year results from blue chips including broadcaster ITV PLC, housebuilder Taylor Wimpey PLC, motor insurer Admiral PLC, and mid cap estate agents Foxton's PLC
Aldermore Group jumps as South Africa's FirstRand Ltd confirms its £1.08bn bid
A look at some of the biggest risers and fallers today in London
Hedge fund giant Man Group to take US$15mln hit in 2018 from MiFID II
"The third quarter of 2017 was a period of strong alpha generation for Man, with positive performance across the firm,” said chief executive Luke Ellis
FTSE 100 ends week on a dull note
After looking like it might regain par, the Footsie faded in the final 15 minutes of trade
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Provident Financial unveils quarterly trading update with struggling home credit unit in focus
The day ahead includes quarterly trading updates from Provident Financial, Man Group and Ashmore Group
TP ICAP downed by Macquarie, but Exane BNP gives Man Group a lift
A look at some of the top risers and fallers in London in afternoon trading
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Sky in bid limbo but revenues still growing; Trinity Mirror update to be another media focus in week ahead
The Week Ahead includes trading updates from media firms Sky PLC and Trinity Mirror PLC, as well as news from defence group BAE Systems PLC, and minutes from the FOMC meeting
FTSE 100 closes 51 up with engineer Rolls Royce in the driving seat
With an hour and a quarter of trading to go, the UK benchmark index was ahead 58 points at 7,430, just easing back from the afternoon peak of 7,438.90
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Centrica and BP to put some energy into the start of August
British Gas owner Centrica and BP are among the blue-chip names in Tuesday’s City agenda.
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Banks to dominate another busy earnings week, including numbers from HSBC and RBS
Week ahead: HSBC, Royal Bank of Scotland, Royal Dutch Shell, Next, Centrica, Shire, US jobs, Bank of England policy meeting ...
Hedge fund Man Group looks toppy after recent run up suggests Jefferies
Man Group drops to hold (from buy) allowing for the need to strip out some performance fees, which sees the price target reduced to 164p.
Hedge fund reduces Gulf Keystone stake; co receives latest payment from Kurdistan authorities
GLG Partners, which is owned by UK-listed Man Group PLC (LON:EMG) and has US$3.3bn under management, has dropped its stake to 4.84% from 5.74%
FTSE 100 rises as US non-farm payrolls report beats expectations
London's top tier index rose 22 points to 7,270.88 at 2.38pm after a better-than-expected US non-farm payrolls report
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Pearson's CEO to face investor ire at AGM, but first-quarter update unlikely to surprise
Day ahead: Pearson PLC, International Consolidated Airlines Group PLC (LON:IAG), InterContinental Hotels Group PLC (LON:IHG), US jobs data ...
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HSBC may struggle to match rivals
HSBC is the last of the big four banks to report with more uncertainty over the outcome than for its UK-centric rivals.
Positive market moves helps hedge fund giant Man Group's assets under management rise by 10%
In a trading update for the quarter ended March 31, the FTSE 250-listed firm said its total assets under management were US$88.7bn (£69.45bn), up from US$80.9bn at the end of December
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Day ahead: Debenhams, Unilever and Sky results in focus
Debenhams, Unilever and Sky are set to take centre stage with their latest results on Thursday
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Primark to keep the ball rolling nicely at Associated British Foods
Week ahead; Associated British Foods , Sky , Unilever Burberry, Reckitt Benckiser...
Man Group out of step with markets rally as performance fees tumble
Performance fees slumped by third thirds to US$112mln in 2016
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Can ITV’s financial results beat cautious expectations?
Blue-chips ITV Plc (LON:ITV), Admiral Group Plc (LON:ADM), and Man Group Plc (LON:EMG) are all in the diary with final results on Wednesday.
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Week ahead: ITV set to broadcast results as quantity set to rule over quality
Having seen the big drugs, oils, and banking sectors dominate over the past few weeks, investors will have less FTSE 100 results to digest in the coming week.
Trending: The Battle of Marmite is over but is it time for a re-run of the Battle of Hastings?
The Marmite dispute is toast; the row ends without a winner being declared
Risers & fallers: Gulf Keystone slides as 21.9bn shares list
Some of the main news-driven share price changes at 4pm
FTSE 100 shares close above 7,000 after Tesco’s victory march
FTSE 100 shares closed back above 7,000 level on Friday after Tesco’s (LON:TSCO) trolley was ahead throughout the session.
Broker talks up AstraZeneca's lung cancer drug prospects
Jefferies upgraded the health giant to a 'buy' recommendation
UK stocks end mixed as even positive earnings can’t translate into gains
UK stocks closed mixed on Tuesday, with blue-chip stocks gaining but mid-caps waning
Risers & fallers: Victoria, Management Resources Solutions, OptiBiotix Health, Orogen Gold, Clear Leisure, Man Group
Carpet seller Victoria's results caught the eye, with revenue and adjusted EBITDA double what they were in the previous year
Investments and investor services
FTSE 100 Index edges higher as pound falls
The price of a barrel of Brent crude fell 0.449% to US$44.52
Risers and fallers: Nyota, Conroy Gold, Centamin, Ascent Resources, Shanta Gold, Legendary Investments
Main share price risers and fallers in London at 3.45pm
Man Group rides out tough market with net inflows
Man Group withstands tougher global markets better than most with net inflows.
Risers & Fallers: Herencia Resources, Circle Oil, Poundland...
Main share price risers and fallers in London at 12.30pm.
Friday's Agenda: Ferrum Crescent Limited set to update on Spanish project
Ferrum's shares shot up Tuesday after it revealed the potential of two Spanish lead-zinc projects
Week ahead - ASOS, Ergomed and Optibiotix Health among AIM stocks reporting
There's a flurry of interesting small cap firms reporting this week, alongside AIM internet retail biggie ASOS....
Man Group dives as performance fee profits droop
The hedge funds manager indicated that current market volatility may have an impact on inflows to its funds
Investments and investor services
Risers & Fallers: Ascent, ECR Minerals, Edenville Energy, First Quantum, Minoan, New World Resources
Precious metals miners may be doing OK but the rest of the sector is getting clobbered.
Wednesday's agenda: Barratt Developments' focus on margins
Happy days are set to continue for Barratt Developments but Interserve might be finding the going a bit tougher
Week Ahead: Banking season arrives
It's a heavy week for trading updates, with the banks to the fore
Day Ahead: Does Persil have the power to push Unilever?
Pace of sales growth in emerging markets remains high for Unilever - we will see how the rest of the business is faring later.
Risers & Fallers: Trinity Exploration & Production, STM Group, Anglo American and more...
Below are some of the main share price movements at 4pm
Investments and investor services
Risers & Fallers including Nighthawk Energy, Greggs, Renishaw, Tullow, Lonmin and more...
Both ends of the risers and fallers were due to drilling updates.
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Wednesday's agenda - Sky among the riders as results pour in
Wednesday sees a veritable clutch of results statements from some big guns....
Investments and investor services
Week Ahead: Big oil and the banks to dominate
No shortage of big names reporting this week, including the state-controlled lenders Lloyds and RBS, plus integrated oil giants BP and Shell
Investments and investor services
Risers and Fallers: Cyan Holdings, APR Energy, 7digital, Beowulf Mining, Vast Resources, Optiobiotix
Primark's growth makes Associated British Foods' name more of a misnomer year-by-year
Investments and investor services
Risers & Fallers: Billington, Connemara, Seeing Machines, Litebulb, Velocys, Europa Oil & Gas
Scaffolding specialist Billington was climbing high after saying half year results would be significantly ahead of market expectations.