Man Group Plc (MNGPF)
| Previous Close | 3.5500 |
| Open | 3.5500 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 3.5500 - 3.5500 |
| 52 Week Range | 2.4600 - 3.5500 |
| Volume | |
| Avg. Volume | 98 |
| Market Cap | 5.334B |
| Beta (5Y Monthly) | 0.73 |
| PE Ratio (TTM) | 10.50 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters
Man Group shares fall 5% on higher than expected outflows
Man Group shares fell about 5% on Friday after the British hedge fund reported higher than expected client outflows. Client outflows amounted to a net $1.6 billion, although that was compensated for by an increase of $9.8 billion in its investment performance. Assets under management rose 4.89% in the first quarter, to $175.7 billion by the end of March, from $167.5 billion at Dec. 31.
- Evening Standard
Man Group assets jump despite outflows of $1.6 billion
Man Group, the world’s largest listed hedge fund, saw assets jump another $9 billion to $176 billion in the last three months as investors embraced its wide-ranging strategy – which largely involves avoiding London shares. While listed in London itself, Man probably has less than 5% of its assets in its home market, with a bias towards US stocks. Led by Robyn Grew, the former Lehman Brothers banker once dubbed a “force of nature”, saw assets in the three months to March rise from $167 billion to $176 billion.
- Simply Wall St.
The total return for Man Group (LON:EMG) investors has risen faster than earnings growth over the last five years
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