UK's Man Group up after Meiji Yasuda commits $1.3 billion, weighs 5% stake
26/10/2026 08:25
BUZZ-UK's Man Group up after Meiji Yasuda commits $1.3 billion, weighs 5% stake ** Shares of hedge fund Man Group EMG.L rise 4% to 326.40 pence
** Japan's Meiji Yasuda commits 200 billion yen ($1.27 billion) to EMG's investment strategies over three years, with a focus on private credit, and considers acquiring a 5% stake in co through open-market purchases
** Stock up ~42% YTD
($1 = 157.1500 yen)
(Reporting by Neeshita Beura in Bengaluru)
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