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 :-)) ?

HarRYCUT,
you sent this message on 1st Feb. How to you defend yourself now when MAN Group is 112 now??

"Are you MAN enough?" not to send contradictory messages every now and then?!!

HARRYCAT - 01 Feb 2012 10:27 - 462 of 482

Good luck with that! 300p any time soon would be good!

sub100p anyone..?

ahoj, it was in response to Goldfinger going long on EMG. Nothing to defend. I stand by my good luck message and reiterate that 300p would be good (as I am a long term holder).

thank you.

sp sinking like a stone is there something we don't know?

Too risky to hold .

lose too much to sell :((

I was contemplating buying here - ex dividend Wednesday week, 7p yield@9.65%.

Someone pursuade me to buy!

Would love to skinny, but even though the divi is about the best around, not much point in taking a capital loss on the stock at the same time. Don't quite understand why a company which is so cash rich is languishing down at this level. I suppose the institutional investors look at it in the long term so aren't too worried about lowly valuations at the moment.

Perhaps I'll look at BA. instead (ex divi next week).

There's an interim management statement from Man Group expected on Tuesday. The investment manager has seen its key hedge fund performing less well than expected of late, leaving it unable to charge performance fees, as its returns have failed to reach the necessary minimum levels. There has been a bit of a run on funds under management as a result.

But only last month the firm reiterated its stance on sticking to its bumper 11% dividend, even though it is not covered by earnings. Clearly, that can only be maintained if its investments start hitting the necessary heights again, and that needs to start happening fairly soon -- but even if it needs to be slashed by half, it would still be a decent return.

I believe that with funds like AHL, the meaty performance fees are only charged on outperformance of it's benchmark once it rises above the High Water Mark. The fund has struggled to rise above it's 2008 levels. To be fair, many of it's peers have also struggled over the period (the orange line in the chart below is an index of "managed futures" hedge funds, of which AHL is one).



Man Group also has a more diversified range of funds in its GLG products ($26 billion AUM - more than AHL), which include traditional long only funds, and also there's Man Groups multi manager business.

RNS e200M debt repurchase.

This has reached rock bottom maybe as low as 95p imo.

Watch that man

Hedge fund manager, Man Group , stumbled again, sliding 7.9 to 99.6p as assets at its AHL Diversified fund slipped last week.

I feel it could fall to 50p if it does it could be a target.

60p would be a 90% drop.

I thought you were confident that 95p was the bottom mitzy? Had my finger over the 'Buy' button until you had second thoughts!!!

I did Harry..

where is the line in the sand.