By Iain Gilbert
Date: Thursday 17 Oct 2024
LONDON (ShareCast) - (Sharecast News) - Investment management group Man Group posted Q3 outflows of $5.5bn on Thursday, worse than the $5.1bn it had forecast, after one of its clients withdrew its funds in order to invest passively.
Man Group also said assets under management fell to $174.9bn as of 30 September, down from $178.2bn a year earlier, principally due to outflows related to a single client in its systematic long-only strategies fund.
As of 0900 BST, Man Group shares were down 2.43% at 208.60p.
Reporting by Iain Gilbert at Sharecast.com
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| Currency | UK Pounds |
| Share Price | 206.80p |
| Change Today | -0.40p |
| % Change | -0.19 % |
| 52 Week High | 215.60p |
| 52 Week Low | 154.70p |
| Volume | 801,695 |
| Shares Issued | 1,151.21m |
| Market Cap | £2,380.70m |
| RiskGrade | 125 |
| Value |
|
|---|
| Price Trend |
|
|---|
| Income |
|
|---|
| Growth |
|
|---|
| Strong Buy | 5 |
| Buy | 3 |
| Neutral | 5 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 13 |

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 07-Aug-25 | 10-Apr-25 |
| Paid | 19-Sep-25 | 21-May-25 |
| Amount | 5.70¢ | 11.60¢ |
| Time | Volume / Share Price |
| 16:18 | 1 @ 206.20p |
| 16:27 | 1 @ 206.80p |
| 16:23 | 1 @ 206.80p |
| 16:23 | 1 @ 206.80p |
| 16:23 | 0 @ 206.80p |
| CEO | Robyn Grew |
| Chair | Anne Wade |
| CFO | Antoine Forterre |
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