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Man Group PLC on Thursday reported a rise in assets under management during the first quarter of 2025, though the total slipped slightly in the weeks since the period ended. The London-based investment manager in public and private markets said AuM rose to $172.6 billion at March 31 from $168.6 billion at the end of December. The increase was driven by $3.6 billion in net inflows and $1.5 billion in other positive movements, which offset a $1.1 billion hit from investment performance. However, Man Group estimated that AuM had declined to $167.0 billion by April 14, reflecting market volatility since the end of the quarter. Across product lines, the firm reported quarterly net inflows of $3.2 billion into discretionary long-only strategies and $400 million into systematic long-only strategies. Absolute return strategies recorded net inflows of $400 million but saw investment losses of $1.5 billion, while multi-manager solutions suffered $500 million in outflows. Run-rate net management fees stood at $1.02 billion as of April 14. Man Group shares were down 4.5% in London on Thursday morning, trading at 152.00 pence each. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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