Man Group Interim Results 2010 - Interviews with CEO and CFO
By Man Group Plc, PRNEWednesday, November 3, 2010
LONDON, November 4, 2010 - The alternative investment management company Man Group has produced
half-year results to the end of September 2010 ahead of earlier guidance,
driven by a strong investment performance which has continued into recent
weeks.
In a video interview with financial news website www.cantos.com,
CEO Peter Clarke said its flagship fund AHL was performing strongly driven by
bonds, interest rates and currencies and that funds at newly acquired GLG are
also performing well. He said assets are up at $67billion "as we sit here
today" and the outlook for the second half remains positive stating "we are
in a good place because we have got good performing assets and good
performing products".
CFO Kevin Hayes said all its flagship funds had seen positive performance
and that the recent GLG acquisition would bring further momentum to sales in
the second half. He said the company would now align its financial reporting
to the rest of the industry and publish results on a calendar basis after a
nine month period to December 2011.
The interviews and transcripts are available now on
www.cantos.com/company/Man%20Group.
Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email amanda.alexander@cantos.com or phone
+44-207-936-1352.
Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email amanda.alexander at cantos.com or phone +44-207-936-1352.
Tags: London, Man Group PLC, November 4, United Kingdom