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Man Group PLC on Thursday reported unexpected net outflows in the first three months of 2026, including an eye-watering $6.1 billion redemption by a single client. The London-based investment management firm reported net outflows of $1.6 billion in the quarter compared to market consensus, cited by JPMorgan, for net inflows of $1.8 billion. Outflows included a $6.1 billion redemption from a single client in long-only systematic equity, Man Group said. Long-only equity saw net outflows of $2.8 billion overall, with long-only credit posting inflows of $2.2 billion. JPMorgan said it is the first negative quarter for net flows at Man Group since the third quarter of 2024. Despite the net outflows, assets under management edged up by 0.5% to $228.7 billion at March 31 from $227.6 billion at the end of 2025, though was below $231.1 billion market consensus. The increase in AuM was thanks to £3.1 billion in positive investment performance. Shares in Man Group were 7.2% lower at 246.00 pence each in London on Thursday. The stock remains up 50% over the past 12 months. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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