16 April 2021 | 07:21am
StockMarketWire.com - Fund manager Man Group reported a rise in quarterly funds under management in the first quarter driven by investment gains and net fund inflows.
Funds under management was at $127.0 billion at 31 March 2021, 3% above the $123.6 billion seen on 31 December 2020.
The uptick in FuM was driven by net inflows of $0.6 billion primarily from our alternative strategies and positive investment performance of $3.5 billion largely from our long-only strategies, the company said.
Looking ahead, the company said it expected to see increased inflows in the coming quarters as client engagement on a number of larger mandates had been positive this year.
14 April 2021 | 09:27am
StockMarketWire.com - Marketing company Mission said chief financial officer Peter Fitzwilliam had stood down to pursue non-executive opportunities.
Current commercial director Giles Lee would take on the CFO role from April.
At 9:27am: [LON:TMG] share price was 0p at 58.5p
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