Trading statement for the quarter ended 31 March 2021

Continued net inflows and positive investment performance

16 April 2021

Key points

  • Funds under management (FUM) of $127.0 billion at 31 March 2021 (31 December 2020: $123.6 billion)
    • Net inflows of $0.6 billion
    • Investment performance of $3.5 billion
    • Negative FX and other impacts of $0.7 billion
  • Strong balance sheet and liquidity position
  • At 31 March 2021 we had completed $49 million of the $100 million share buyback announced in September 2020

 

Luke Ellis, Chief Executive Officer of Man Group, said:

“I am pleased we have delivered another quarter of growth, with FUM increasing by $ 3.4 billion to reach $ 127.0 billion. This reflects both investment gains for our clients and continuing net inflows and underscores the strength of our business model.

“Client engagement on a number of larger mandates has been positive this year, and as a result we expect to see increased inflows in the coming quarters. In the long term, it is our state-of-the-art technology and the strength of our client relationships combined with the quality of our people that define our firm and give me great confidence for the future.”

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Contact

Global Communications

  • Georgiana Brunner
    Man Group, Head of Communications
    Tel: +44 (0) 20 7144 1000
    Rebecca Hooper
    Man Group, Communications Director
    Tel: +44 20 7144 1103
    Mobile: +44 7513 712636
    Neil Doyle
    FTI Consulting
    Tel: +44 (0) 7771 978 220

United States

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