Man Group plc
10 January 2008
10 January 2008
Quarterly Funds Under Management Statement
Man Group plc makes the following Funds Under Management Statement for the third
quarter of its financial year ending 31 March 2008.
Funds under management at 31 December 2007 are estimated to be $71.7 billion, up
from $68.6 billion at 30 September 2007. Sales in the three months to 31
December 2007 were $4.2 billion. The three months sales comprised guaranteed
products which accounted for $0.6 billion; other private investor sales for $1.0
billion; and institutional sales for $2.6 billion. Private investor redemptions
were $1.8 billion and institutional redemptions were $1.8 billion. Performance
added $1.5 billion and currency translation impacts and other adjustments added
$1.0 billion. The split of funds under management is private investor $41.7
billion (30 September 2007: $40.6 billion) and institutional $30.0 billion (30
September 2007: $28.0 billion).
For the three months ended 31 December 2007, overall product performance has
continued to be positive, with AHL* up 5.1%, RMF* up 2.7%, Glenwood* up 1.7% and
Man Global Strategies* down 0.8%.
* As represented by the performance of Athena Guaranteed Futures Limited, RMF
Absolute Return Strategies I, Man-Glenwood Multi-Strategy Fund Limited and Man
Multi-Strategy Guaranteed Ltd in the three months to 31 December 2007. All
performance figures are estimates except for Athena Guaranteed Futures Limited.
Enquiries
Man Group plc 020 7144 1000
Peter Clarke
David Browne
Merlin 020 7653 6620
Paul Downes 07900 244888
Lachlan Johnston 07989 304356
About Man Group plc
Man Group plc is a leading global provider of alternative investment products
and solutions for private and institutional investors worldwide, designed to
deliver absolute returns with a low correlation to equity and bond market
benchmarks. Man has a 20-year track record in this field supported by strong
product development and structuring skills, and an extensive investor service
and global distribution network.
The Group employs 1,600 people in 13 countries, with key centres in London and
Pfaeffikon (Switzerland), and offices in Chicago, Dubai, Hong Kong, Montevideo,
Nassau, New York, Singapore, Sydney, Tokyo and Toronto. Man Group plc is listed
on the London Stock Exchange (EMG) and is a constituent of the FTSE 100 Index.
Further information on the Man Group can be found at www.mangroupplc.com and
www.maninvestments.com.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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