I suspect trading tomorrow will probably answer this conundrum, but I know there are some far wiser owls than me that contribute to this bb & I would be interested in their opinions.

My question is this: the chart below looks to me like a pullback of the uptrend (ie when it went north through 14.00) however I am unsure as it has now broken down through 14.00 whether this is trending up or down :-(

So what do you think - up or down, or should I just flip a coin :-)) ?

The current worry is that, if we go into another period of quantative easing, the AHL fund will suffer as it did the first time, so as QEII is a distinct possibility everyone is watching & waiting to see what will happen. In the event of no QEII, then the AHL fund & EMG should greatly benefit.

Moved stop to 255.2

Stop to target 260.0

"Man Group plc and GLG Partners, Inc. are pleased to announce that the recommended acquisition of GLG by Man has been completed today, to create a multi-style, performance-focused alternative asset manager with funds of around $63 billion under management. GLG is now a wholly owned subsidiary of Man."

Stopped out + 28.8

Rumours of an approach is driving this.

Shares Mag recommend a sell at 254p, but I don't agree. Happy to hold for the moment. AHL fund now doing well, plus acquisition complete. Divi date approaching with total yield of c11%.

I'm not so sure Harry, had two goes at 270 +, maybe third time lucky and could hit 280 before divi date. Then again could be running out of steam and may well get pulled down with Ftse, if it was Monday today and not Friday I might be tempted. Good Luck anyway. WTFDIK.

You never know Limit Buy @ 275.2 (SB) Tgt 295.0 Stop 268.2

StockMarketWire.com
Man Group upgraded to add from hold at Oriel.

Limit Buy (SB) 261 more in hope than expectation.

The midas touch at present, CC!

StockMarketWire.com
Man Group's funds under management rose to $40.5bn at the end of September - up from $38.5bn at the end of June and ahead of the pre-close estimate of $39.5bn.

It said this was due to strong investment performance and favourable foreign exchange movements at the end of the period.

Profit before tax from continuing operations and before adjusting items was $227m - 5.6% ahead the pre-close estimate.

Man said this was again due to strong investment performance and favourable FX movements.

This compares wit $268m in the six months to the end of March and $292m a year ago.

Total pre-tax profits were $147m compared with $239m in the previous six months and $302m a year ago.

Man completed its acquisition of GLG Partners on 14 October and the results do not include funds under management, performance or any other contribution from GLG.

You still long on this CC? Almost hit 3 in last few minutes.

jon - Unfortunately no, missed the boat. Watching closely though, probably wait till after 25th see how the land lies, then again might short it tomorrow :O)

I still own a few mind. Worth a wee punt short @295.7 tight stop.

Not yet chris I need 3.40p to get out......lol

And out @289.2 + 6.5 tomorrows another day :O)

A pause for breath? Down 2%, but hoping for another surge next week past 300p. Must be coming up for divi soon?

Went in for the div and still stuck with them, so another div will be welcome as this has turned into a long term hold....lol never mind not big bucks spent here.,.