Man Group (EMG)

Sector:

Financials

Index:

FTSE 250

267.40p
   
  • Change Today:
      3.30p
  • 52 Week High: 268.40
  • 52 Week Low: 202.00
  • Currency: UK Pounds
  • Shares Issued: 1,202.51m
  • Volume: 1,700,658
  • Market Cap: £3,215.52m
  • RiskGrade: 125

Man Group funds under management hit record high in H1

By Iain Gilbert

Date: Wednesday 28 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Active management business Man Group registered record-high funds under management during the first six months of 2021, predominately driven by a "strong investment performance" throughout the half.
Man Group said funds under management had grown to $135.3bn from $123.6bn at the end of the calendar year, with the firm swinging from a negative investment performance of $5.4bn in the first half of 2020 to a positive $9.5bn showing in 2021.

Net inflows came in at $1.2bn, a marked improvement on the outflows of $1.2bn seen at the same time a year earlier.

The FTSE 250-listed firm also stated core earnings per share had surged 246% to 18.7 cents, with management EPS up 51% at 7.4 cents and performance fee EPS surging to 11.3 cents from 0.5 cents a year earlier.

As a result of the solid performance, Man Group said it had opted to up its interim dividend by 14% to 5.6 cents per share.

Chief executive Luke Ellis said: "The first half was a period of excellent growth for Man Group as we reached record funds under management, continued a trend of positive net inflows, and grew management fee profit by 51% and total profit per share by 246%.

"The firm's momentum continues as we enter the second half, supported by strong performance fee optionality, a high level of client engagement and a strong sales pipeline."

As of 0835 BST, Man Group shares were up 0.37% at 192.15p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Man Group Market Data

Currency UK Pounds
Share Price 267.40p
Change Today 3.30p
% Change 1.25 %
52 Week High 268.40
52 Week Low 202.00
Volume 1,700,658
Shares Issued 1,202.51m
Market Cap £3,215.52m
RiskGrade 125

Man Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.50% above the market average79.50% above the market average79.50% above the market average79.50% above the market average79.50% above the market average
0.95% below the sector average0.95% below the sector average0.95% below the sector average0.95% below the sector average0.95% below the sector average
Price Trend
75.31% above the market average75.31% above the market average75.31% above the market average75.31% above the market average75.31% above the market average
58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average58.62% above the sector average
Income
66.20% above the market average66.20% above the market average66.20% above the market average66.20% above the market average66.20% above the market average
18.18% below the sector average18.18% below the sector average18.18% below the sector average18.18% below the sector average18.18% below the sector average
Growth
81.57% below the market average81.57% below the market average81.57% below the market average81.57% below the market average81.57% below the market average
70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average70.37% below the sector average

What The Brokers Say

Strong Buy 7
Buy 4
Neutral 2
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Man Group Dividends

  Latest Previous
  Final Interim
Ex-Div 11-Apr-24 10-Aug-23
Paid 22-May-24 22-Sep-23
Amount 10.70¢ 5.60¢

Trades for 28-Mar-2024

Time Volume / Share Price
16:42 43,771 @ 267.40p
16:35 962,072 @ 267.40p
16:35 450 @ 267.40p
16:35 2,899 @ 267.40p
16:35 1,596 @ 267.40p

Man Group Key Personnel

CEO Robyn Grew
Chair Anne Wade
CFO Antoine Forterre

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