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 | 176.90p |
Change Today | 0.40p |
% Change | 0.23 % |
52 Week High | 260.00p |
52 Week Low | 156.00p |
Volume | 1,641,208 |
Shares Issued | 1,172.43m |
Market Cap | £2,074.03m |
RiskGrade | 125 |
Value |
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Price Trend |
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Income |
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Growth |
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Strong Buy | 7 |
Buy | 3 |
Neutral | 5 |
Sell | 0 |
Strong Sell | 0 |
Total | 15 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 10-Apr-25 | 08-Aug-24 |
Paid | 21-May-25 | 20-Sep-24 |
Amount | 11.60¢ | 5.60¢ |
Time | Volume / Share Price |
16:03 | 2 @ 176.40p |
16:03 | 2 @ 176.40p |
15:12 | 9 @ 176.70p |
15:02 | 2 @ 177.10p |
15:01 | 2 @ 177.10p |
CEO | Robyn Grew |
Chair | Anne Wade |
CFO | Antoine Forterre |
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