Man Group reports 33% increase in pre-tax interim profits

clock

ASSETS under management at Man Group rose by $6.9bn (£3.6bn) to $56.8bn (£29.9bn) during the six months to September 30, 2006, latest company figures reveal.

Interim results for the hedge fund manager show fund sales in the period from March 31 to September 30 reached $10.6bn (£5.6bn) while pre-tax profits leapt 33pc to $766m (£403m). Chief executive S...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Bank of England holds rates at 3.75%; announces APF wind-down plan

Bank of England holds rates at 3.75%; announces APF wind-down plan

MPC tweaks QT programme and sets out plan for APF

Michael Nelson and PP Staff
clock 17 September 2026 • 3 min read
Insurers invest £22.8bn towards UK productive assets since 2024 pledge

Insurers invest £22.8bn towards UK productive assets since 2024 pledge

Update marks one fifth of the way to the total pledged by the industry

Alex Levy
clock 15 September 2026 • 2 min read
Insight Investment wins £1bn fiduciary mandate

Insight Investment wins £1bn fiduciary mandate

Investment manager now runs £4.5bn across fiduciary and OCIO offering launched in 2024

Jonathan Stapleton
clock 10 September 2026 • 1 min read
Trustpilot