Man Group shares drop despite better first-quarter results

Wed May 2, 2012

Read more:

There has been no respite for Man Group’s beleaguered share price this week as the world’s largest quoted alternative asset manager’s latest quarterly update was received poorly in a market that is increasingly concerned over the group’s performance and prospects.

Although Man reported a small rise in assets under management, a decline in net outflows and positive investment performance across most of its funds in the first three months of 2012, the share price fell below 100p – only just above its 52-week low of 92p – amid widespread talk among analysts of a possible management change or takeover bid.

Man’s shares...

ISSN: 2151-1845 / CDC10004H


The full contents of this article are only available to active EuroHedge subscribers and trialists.

To continue reading please,
take a free trialsubscribe or log in to EuroHedge.


Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now

Popular Searches on HFI