Man Group Stock News

Man Group PLC (LSE:EMG), the investment manager, attracted $10.1 billion in net inflows in the third quarter, helping lift assets under management to $270.9 billion. Assets rose by $17.3 billion from $253.6 billion at the end of June, with investment performance adding $5.9 billion and other movements contributing $1.3 billion.

Man Group PLC (LSE:EMG) shares rose as much as 4% to an intraday high of 348.8p on Friday after the investment manager reported net inflows well ahead of market expectations. Peel Hunt reiterated its 'buy' recommendation and 350p price target, describing the latest figures as another strong set of results and highlighting momentum in performance fees.

Man Group's assets under management hit record $270.9 billion, volatility drives inflows

Shares in Man Group PLC (LSE:EMG) jumped 6% to 334.8p after UBS upgraded the hedge fund manager to 'buy', betting that a sharp rebound in its computer-driven strategies will force forecasts higher. The Swiss bank lifted its rating from 'neutral' and raised its price target to 365p from 335p.

Shares in hedge fund manager Man Group jumped 5.1% in early London trading. The stock reached its highest level since 2010 after the company reported a stronger-than-expected rise in assets under management.

Man Group PLC (LSE:EMG) has been downgraded by UBS, which said the alternative asset manager's strong share price performance had left the stock fairly valued despite improving earnings prospects. UBS cut its recommendation to 'neutral' from 'buy', but raised its price target to 320p from 290p after increasing its 2026 earnings forecast by 5%.

Deutsche Bank has downgraded Man Group PLC (LSE:EMG), the London-listed hedge fund manager, to hold from buy, judging that its shares are now up with events after a strong run. The bank raised its price target to 310p from 295p, against a last close of 296.60p.