Man Group’s asset under management (AUM) hit a record $151.4 billion in the first three months of 2022 on the back of strong net inflows of $3.1 billion for the period, according to the firm’s latest trading statement.
The growth stemmed from alternative strategies which saw a $5.3 billion uplift in AUM to $96.9 billion with inflows of $3.0 billion and positive performance.
Long-only strategies saw a slight decrease in AUM with a fall from $57 billion to $54.5 billion mainly due to negative investment performance and a small $0.1bn net inflow.