Today news
About the same in other media
Man Group hit by $5.5bn outflow as institutional client pulls from systematic long-only
Reading now: 315
investmentweek.co.ukIn a trading update published today (17 October), the FTSE 250 firm reported a $6.8bn net outflow from its systematic long-only strategies for the three months to 30 September, driven by a single client redemption of $7bn. Excluding a $100m net outflow from total return strategies and flat flows in multi-manager solutions, all other product categories saw net inflows during the quarter. Man Group enjoys record $900m net inflows as performance fees surge fivefold Assets under management fell from $178.2bn at the end of June to $174.9bn, as positive investment performance worth $400m...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Big launch in Amazon Great Indian Festival: Up to ₹20,000 off on the best electric scooters and more from top brands livemint.com /1 day ago
Holiday spending projected to hit new record this year foxbusiness.com /1 day ago
Goldman traders help fuel firm's 45% profit jump financialpost.com /1 day ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
