• News from Man

Trading statement for the nine months to 31 December 2011

18 Jan 2012

This document contains estimates for movements in Man’s funds under management for the three month period to 31 December 2011 and the company’s estimated financial results for the nine month period to 31 December 2011. Final results will be reported on Thursday 1 March 2012.

Funds under Management

  • Funds under Management (FUM) at 31 December 2011 of $58.4 billion (30 September 2011: $64.5 billion; 31 March 2011: $69.1 billion)
  • Sales in the quarter of $3.1 billion and redemptions of $5.6 billion, giving a net outflow of $2.5 billion
  • Negative investment movement of $1.5 billion, with AHL Diversified plc down 7.7% in the quarter and positive overall performance at GLG
  • FX and other movements of a negative $2.1 billion, driven principally by previously announced guaranteed product degears of $1.6 billion and FX translation effects of $0.3 billion.

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