Man Group Stock News

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.

Man Group's Kevin Marchetti told CNBC the prospect of higher interest rates offered a potential tailwind for private credit returns, particularly in middle-market direct lending. Marchetti told CNBC at the SuperReturn International private markets conference in Berlin that recent retail-focused redemption pressures are signs of private credit's "growing pains.

The AI shock is forcing investors to separate resilient, mission-critical software companies from more vulnerable business models. Private credit's heavy exposure to software faces a major test, as AI challenges assumptions around software growth, pricing power and borrower durability.