SJP funds near £100bn as Man Group hit by absolute return
Both St James’s Place and Man Group delivered record flows over the first half of the year but the latter’s funds under management were impacted by weak performance from some of its key absolute return funds.
Jupiter battered in downbeat industry forecasts
Jupiter Asset Management is set to see its worst quarterly flows in 19 years on fixed income outflows as analysts paint a bleak earnings picture for fund groups in 2018, despite claims the return of volatility would provide active managers a chance to shine.
Polar and Man defy volatile quarter with AUM growth
Polar Capital and Man Group have posted positive net flows and boosted assets under management during a volatile first quarter.
GLG’s ‘difficult year’ delivers loss for Man Group
A ‘difficult year’ for Man Group’s discretionary management arm GLG, saw the hedge fund group post a pre-tax loss in 2016 despite a 3% increase in its total funds under management (FUM).
Man Group shares ride momentum of real asset launch
Man Group’s acquisition of Aalto Invest Holding and subsequent launch of a private markets business inspired a 13.7% rise in the company’s shares to 123.6p on Friday morning.