Man Managing $68 Billion

Sep 25 2007 | 3:43pm ET

The Man Group said today that assets under management and earning both rose more than 10% between March and September.

In a note to the London Stock Exchange, Man said it now manages $68 billion, up from $61.7 billion at the end of March and $67 billion at the end of June. Investors are expected to add $7.8 billion to its funds in the six months through the end of September, while redeeming $4.3 billion.

Man said the increase in assets will boost fee income. Net management fee income is expected to rise by more than 15% year-on-year, with performance fee income rising as well.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...