Man Group Plc funds under management as at 31 March 2020 decline to $104.2 billion

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Man Group Plc funds under management as at 31 March 2020 decline to $104.2 billion

Man Group Plc (LON: EMG) has released its trading statement for the quarter ended 31 March 2020.

  • The company’s Funds under management as at 31 March 2020 declined to $104.2 billion as compared to $117.7 billion as of 31 December 2019.
  • The company has further reported a negative investment movement of $10.7 billion, mainly due to the COVID-19 impact on the global markets.
  • The company reported Net inflows of $0.5 billion for the reported quarter.
  • On 17th April 2020, at the time of writing, GMT 08:29 AM, EMG shares were trading at GBX 125.00, up by 2.85 points or 2.33 against the previous day closing price.

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