10th Jan 2008 07:00
Man Group plc10 January 2008 10 January 2008 Quarterly Funds Under Management Statement Man Group plc makes the following Funds Under Management Statement for the thirdquarter of its financial year ending 31 March 2008. Funds under management at 31 December 2007 are estimated to be $71.7 billion, upfrom $68.6 billion at 30 September 2007. Sales in the three months to 31December 2007 were $4.2 billion. The three months sales comprised guaranteedproducts which accounted for $0.6 billion; other private investor sales for $1.0billion; and institutional sales for $2.6 billion. Private investor redemptionswere $1.8 billion and institutional redemptions were $1.8 billion. Performanceadded $1.5 billion and currency translation impacts and other adjustments added$1.0 billion. The split of funds under management is private investor $41.7billion (30 September 2007: $40.6 billion) and institutional $30.0 billion (30September 2007: $28.0 billion). For the three months ended 31 December 2007, overall product performance hascontinued to be positive, with AHL* up 5.1%, RMF* up 2.7%, Glenwood* up 1.7% andMan Global Strategies* down 0.8%. * As represented by the performance of Athena Guaranteed Futures Limited, RMFAbsolute Return Strategies I, Man-Glenwood Multi-Strategy Fund Limited and ManMulti-Strategy Guaranteed Ltd in the three months to 31 December 2007. Allperformance figures are estimates except for Athena Guaranteed Futures Limited. Enquiries Man Group plc 020 7144 1000Peter ClarkeDavid Browne Merlin 020 7653 6620Paul Downes 07900 244888Lachlan Johnston 07989 304356 About Man Group plc Man Group plc is a leading global provider of alternative investment productsand solutions for private and institutional investors worldwide, designed todeliver absolute returns with a low correlation to equity and bond marketbenchmarks. Man has a 20-year track record in this field supported by strongproduct development and structuring skills, and an extensive investor serviceand global distribution network. The Group employs 1,600 people in 13 countries, with key centres in London andPfaeffikon (Switzerland), and offices in Chicago, Dubai, Hong Kong, Montevideo,Nassau, New York, Singapore, Sydney, Tokyo and Toronto. Man Group plc is listedon the London Stock Exchange (EMG) and is a constituent of the FTSE 100 Index. Further information on the Man Group can be found at www.mangroupplc.com andwww.maninvestments.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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