Man Group - Interim Results Interviews

LONDON, November 6 /PRNewswire/ -- Man Group Chief Executive Peter Clarke said that despite markets the likes of which no modern generation has witnessed, the company had seen an 'extraordinarily robust outcome' for the interims figures which are released today. In a video interview, Peter Clarke told financial website Cantos: "We are not immune to markets, but sales of US$10 billion for the period, redemptions broadly unchanged from the prior period, the fact that we managed to maintain a significant capital surplus and excess liquidity, demonstrated the adaptability of the business model." Also speaking to Cantos, Man Group Finance Director Kevin Hayes said that: "Gross management fees were up about US$1.1 billion, up 13% on the back of higher funds under management, and gross performance fees were US$207 M, down about 41%, reflecting the more turbulent market performance that we had." It's free to view. All you need to do is register at http://www.cantos.com. 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 enquiries@cantos.com or phone +44-207-936-1333.

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Man Group (EMG)
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