AMWatch

Man Group faces redemptions as clients adjust portfolios amid economic uncertainty

Man Group Plc's assets under management declined to EUR 96 billion (USD 104.2 billion) after the corona-led Q1 market turmoil from a record EUR 109 billion (USD 117.7 billion) at the end of last year, according to a statement on Friday.
A screen shows the graph of the Dow industrial average after closing bell at the New York Stock Exchange (NYSE) on March 18, 2020 at Wall Street in New York City. | Photo: JOHANNES EISELE/AFP / AFP
A screen shows the graph of the Dow industrial average after closing bell at the New York Stock Exchange (NYSE) on March 18, 2020 at Wall Street in New York City. | Photo: JOHANNES EISELE/AFP / AFP
BY NISHANT KUMAR / BLOOMBERG

(Updated with new headline)

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