The Man Group has its origins over 200 years ago in a broking business founded by James Man and was floated on the London Stock Exchange in 1994. Man Group plc trades on the London Stock Exchange (EMG.L) and is classified within the "Speciality and Other Finance" sub-sector of the FTSE and is a constituent of the FTSE 100 index.
The sale of its agricultural products business was completed in March 2000 to a management buyout team. In September 2000 the Group changed its name from E D & F Man Group plc to Man Group plc.
The Man Group produced strong financial results for shareholders with underlying earnings per share up 33% to 60.7p for the year ended 31 March 2003.
Man Group Investments is a global leader in alternative investments. It has spent two decades understanding client requirements, identifying opportunities, and developing leading edge products and tailor-made solutions for private and institutional investors.
Each of Man Group’s core investment managers – AHL, Glenwood, Man Global Strategies, RMF and Westport – has distinct expertise in one or more alternative asset classes: hedge funds, private equity, leveraged finance and convertible bonds. Man Group continues to explore opportunities across the alternative investment spectrum in order to enhance its client offerings. Hedge funds are the cornerstone of the business, and Man Group offers a range of risk/reward profiles through its funds of hedge funds, structured, style products and single manager products.
Man Group Investments manages over USD30 billion and has a powerful global distribution network.
Man Group plc, the global provider of alternative investment products and futures broker, announced that its most recent launch Man Group AP Unison Series 1 Ltd ('Man AP Unison') has raised the equivalent of over US$740 million of client money.
Man Group Financial, the Brokerage division, is one of the world’s leading providers of brokerage services. It acts as a broker of futures, options and other equity derivatives for both institutional and private clients and an intermediary in the world’s metals, energy and foreign exchange markets with offices in key financial centres. Man Group has consistently achieved a leading position on the world’s largest futures and options exchanges, with particular strengths in financial futures and the energy markets.
Source: www.mangroupplc.com
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