An announcement from Man Group plc ( (GB:EMG) ) is now available.
Man Group plc reported strong financial results for the year ending December 31, 2024, with a diversified range of investment strategies contributing to a $10.9 billion positive investment performance. Despite a $7.0 billion single client redemption in Q3, the company achieved a 17% growth in core management fee EPS and a 14% increase in core net management fee revenue. The firm’s strategic focus on diversifying investment capabilities and leveraging technology has led to significant progress, including the growth of its credit platform and advancements in quant equities. Man Group’s disciplined capital policy supports long-term growth, with a recommended final dividend and plans for share repurchases. The company is well-positioned to capitalize on future opportunities, particularly in uncorrelated investment strategies and credit markets.
More about Man Group plc
Man Group is a global alternative investment management firm headquartered in London, managing $168.6 billion in assets. The company focuses on delivering outperformance for sophisticated clients through its Systematic, Discretionary, and Solutions offerings, covering both public and private markets with a significant emphasis on alternative investments. Man Group is listed on the London Stock Exchange and is part of the FTSE 250 Index.
YTD Price Performance: -3.73%
Average Trading Volume: 2,390,378
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.38B
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