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Man Group Plc Issues Trading Statement - Quick Facts

Man Group plc (MNGPF.PK,MNGPY.PK,EMG.L) reported that funds under management were $114.1 billion at 30 September 2018. Net inflows in the quarter were $0.4 billion, notwithstanding the previously announced $2.2 billion infrastructure mandate redemption.

Luke Ellis, CEO of Man Group, said: "Funds under management were slightly up in the quarter with net inflows of $0.4 billion, despite the previously announced $2.2 billion infrastructure mandate redemption. Positive investment movements offset negative FX and other movements. We saw continuing inflows into our alternative risk premia strategies and strong flows into our systematic equity strategies. Investment performance in the quarter was mixed with strong absolute and relative performance in our momentum and discretionary long only strategies but weaker relative performance in our discretionary alternative and systematic equity strategies."

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