Man Group PLC (LSE:EMG) has reported a strong third quarter, with assets under management (AUM) rising to $213.9 billion as of 30 September 2025 — up from $193.3 billion three months earlier.
The increase was driven by $9.7 billion in net inflows, $10 billion in positive investment performance, and a small contribution from other factors.
The standout performer for the quarter was Systematic long-only strategies, which attracted $6.5 billion of inflows and delivered $4.8 billion in investment gains, lifting AUM to $72.7 billion.
Discretionary long-only strategies also impressed, growing to $43.9 billion after $4.2 billion in inflows. Across the business, long-only strategies now total $116.6 billion in AUM.
Alternative strategies also saw solid progress, increasing from $93.9 billion to $97.3 billion, helped by positive returns across multi-strategy quant and risk premia funds.
The group’s absolute return portfolios recovered slightly, rising to $40.5 billion, thanks to strong performances from funds like AHL Alpha and AHL Evolution.
The quarter’s investment results showed robust gains across multiple products — with AHL Alpha up 7.6%, AHL Evolution gaining 6%, and Numeric Emerging Markets Core surging 11.3%. In discretionary strategies, Japan CoreAlpha Equity posted an impressive 15% return.
The figures exclude AUM related to the acquisition of Bardin Hill, which completed at the beginning of October, meaning total managed assets are likely even higher today.