UK's Man Group H1 AUM rises to record on investment performance

Man

28/07/2026 07:08

Overview
UK alternative asset manager's H1 AUM rose to record $253.6 bln, up 11% from year-end
Adjusted EPS for H1 nearly doubled yr/yr, reflecting higher management and performance fees
Company completed $29 mln of $50 mln share buyback program announced in May

Outlook
Man Group sets interim dividend at 5.7¢ per share, in line with previous guidance
Company says it will continue investing in credit, quant equity and multi-strat capabilities
Man Group expects to capture client demand amid evolving market and macroeconomic uncertainty

Result Drivers
INVESTMENT PERFORMANCE - Positive investment performance of $19.8 bln, with both alternative (+8.2%) and long-only (+11.8%) strategies contributing, supported by disciplined risk management and technology
NET INFLOWS - Net inflows of $7.1 bln, 3.4% ahead of the industry, driven by demand across all categories and regions, especially in long-only and private credit strategies
PERFORMANCE FEES - Core performance fees rose to $207 mln from $67 mln, with broad-based contributions from alternative and long-only strategies, including early contributions from the Bardin Hill acquisition

Company press release: ID:nRSb0492Oa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Adjusted EPS
Beat
$0.20
$0.18 (2 Analysts)
H1 Assets Under Management
 
$253.60 bln
 
H1 Core Net Mgmt Fee Revenue
 
$627 mln
 
H1 Core Pretax Profit
 
$297 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy"
Wall Street's median 12-month price target for Man Group PLC is GBp332.00, about 10.7% above its July 27 closing price of GBp300.00
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)