UK's Man Group falls after $6.1 billion withdrawal keeps assets flat

Man

23/04/2026 09:21

** Shares of London-listed hedge fund Man Group EMG.L down 5.5% at 250p

** Among top decliners on FTSE 250 mid‑cap index .FTMC, which is down 0.7%

** Co said assets under management stagnated in first quarter after a single client withdrew $6.1 billion from one strategy

** Co's AUM was flat at $228.7 billion as at 31 March 2026, missing analyst expectations, in a quarter marked by volatility linked to Iran war

** YTD, stock up 8%

(Reporting by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))