Man Group plc (EMG.L)
| Previous close | 268.60 |
| Open | 245.00 |
| Bid | 253.20 x 0 |
| Ask | 280.00 x 0 |
| Day's range | 244.70 - 257.77 |
| 52-week range | 200.50 - 279.23 |
| Volume | |
| Avg. volume | 3,700,279 |
| Market cap | 2.926B |
| Beta (5Y monthly) | 0.73 |
| PE ratio (TTM) | 15.69 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.13 (4.82%) |
| Ex-dividend date | 11 Apr 2024 |
| 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.
- CityAM
Man Group: World’s largest publicly listed hedge fund’s assets swell to new record
The world’s largest publicly listed hedge fund group updated its shareholders with a trading statement
