Net inflows underpin Q1 AuM growth for Man Group
Man Group posted $3.6bn of net inflows in the first quarter of 2025 on Thursday, bringing total assets under management to $172.6bn as at 31 March, up from $168.6bn at the end of December.
The FTSE 250 company said the increase came despite negative investment performance of $1.1bn during the period.
It said the quarter was marked by continued momentum in long-only strategies, which saw net inflows of $3.6bn and ended the period with assets under management of $72.8bn, up from $67.4bn in the fourth quarter.
Within that, discretionary long-only strategies led growth with $3.2bn of net inflows, while systematic long-only strategies added $0.5bn in net new assets.
Alternative strategies, which include absolute return, total return, and multi-manager solutions, saw more mixed dynamics.
Absolute return strategies experienced $0.4bn of net inflows but suffered $1.5bn of negative investment performance, resulting in assets under management falling to $43.1bn.
Total return strategies were broadly flat, while multi-manager solutions recorded net outflows of $0.5bn.
Overall, alternative assets under management declined from $101.2bn to $99.8bn, largely due to performance losses.
The group’s estimated assets under management as at 14 April stood at $167bn, with annualised run-rate net management fees of $1.02bn.
At 1444 BST, shares in Man Group were down 1.76% at 156.4p.
Reporting by Josh White for Sharecast.com.