Man Group AUM declines in half year results despite net inflows

$6.3bn decline

Elliot Gulliver-Needham
clock • 2 min read
Luke Ellis, CEO of Man Group

Luke Ellis, CEO of Man Group

Man Group’s assets under management declined in the first half of the year due to market performance, falling from $148.6bn at the start of the year to $142.3bn.

Despite net inflows of $3.2bn and alternative strategies' strong investment performance boosting AUM $2.1bn, long-only strategies lost $7bn while negative FX and other movements saw a $4.6bn drop. Premier Miton leads FE Crown Ratings with 12 funds gaining top score The firm's total return strategies, particularly AHL TargetRisk, performed poorly, recording $2.1bn in losses in investment performance and $2.8bn loss in FX and other movements. Man Group said this reflected its "long-only exposure to fixed income and equity markets". Meanwhile, it attributed its declines in long-only A...

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