Man Group hit by single USD6 billion redemption in first quarter

(Alliance News) - Man Group PLC on Thursday reported unexpected net outflows in the first three ...

Alliance News 23 April, 2026 | 10:20AM
Email Form Facebook Twitter LinkedIn RSS

(Alliance News) - Man Group PLC on Thursday reported unexpected net outflows in the first three months of 2026, including an eye-watering USD6.1 billion redemption by a single client.

The London-based investment management firm reported net outflows of USD1.6 billion in the quarter compared to market consensus, cited by JPMorgan, for net inflows of USD1.8 billion.

Outflows included a USD6.1 billion redemption from a single client in long-only systematic equity, Man Group said.

Long-only equity saw net outflows of USD2.8 billion overall, with long-only credit posting inflows of USD2.2 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 USD228.7 billion at March 31 from USD227.6 billion at the end of 2025, though was below USD231.1 billion market consensus.

The increase in AuM was thanks to GBP3.1 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.

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Man Group PLC 248.60 GBX -6.19 -

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2025 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures