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.