Man Group managed to pull in $3.1 billion in net inflows last year, “despite clear headwinds elsewhere in the asset management industry”, with assets under management rising to $143.3 billion at 31 December, 2022, up from $138.4 billion as at the end of September.
Man Group managed to pull in $3.1 billion in net inflows last year, “despite clear headwinds elsewhere in the asset management industry”, with assets under management (AUM) rising to $143.3 billion at 31 December, 2022, up from $138.4 billion as at the end of September.
In statement, Luke Ellis, chief executive officer of Man Group, said: “2022 was another strong period of growth for Man Group, demonstrating the ability of our talent and technology to deliver for our clients, and the merits of the resilient and diversified business model we have built.
“In 2022, allocators rediscovered the value that liquid alternatives can bring, providing uncorrelated returns to investors in a difficult year and delivering much needed liquidity within their portfolio. Looking ahead, there is a significant opportunity for active investment managers, particularly those with the ability to offer alpha irrespective of the direction of prevailing market trends and in a liquid, highly customisable format. This gives us great confidence in our ability to continue to grow in 2023 and beyond, delivering positive outcomes for clients and shareholders alike.”
