Man Group reports strong half-year growth in assets and profit

man group | EMG

Man Group Plc (LON:EMG) has reported solid investment performance underpinning continued growth in liquid credit and traction in private credit, highlighted by the successful first close of its new opportunistic credit offering.

It also reported expanding its North American footprint, driven by another period of sustained growth across both institutional and wealth distribution channels, and accelerating its AI transformation by embedding cross-functional agentic workflows across the firm that drive tangible value for clients and shareholders.

“We delivered a strong first half, which demonstrates the evolution of Man Group; the exceptional net inflows and record AUM we are reporting today are the direct result of deliberate, multi-year investments in the diversification of our business. We are now seeing the benefits compound into broad-based growth.

“In short, our strategy is working. We will continue to invest in the firm to extend our edge, scaling our credit, quant equity, and multi-strat capabilities to deepen the relationships we have with allocators globally.

“In today’s markets, clients are consolidating their relationships with a smaller number of highly capable, strategic partners who can help them manage complex risk and growing macroeconomic uncertainty. The quality of our people and our technology means we are well placed to capture that shift. As our clients’ needs evolve, so will we, creating an even stronger business that is positioned for long-term success.”

This document should be read in conjunction with the content and definitions included in the 2025 Annual Report.

‘Core’ measures are alternative performance measures. For a detailed description of our alternative performance measures, including non-core items, please refer to pages 32 to 39.
[KPI] Details of key performance indicators can be found in the 2025 Annual Report on pages 20 and 21.

1. Assets under management. Excludes non-fee-paying committed capital of $4.9 billion as at 30 June 2026 (31 December 2025: $4.9 billion).

$ millions, unless otherwise stated

Six months to
30 Jun 2026

Six months to
30 Jun 2025

AUM, end of period

$253.6bn

$193.3bn

Core net management fee revenue

627

517

Core performance fees

207

67

Core net revenue1

853

604

Core management fee profit before tax

186

130

Core performance fee profit before tax

111

16

Core profit before tax

297

146

Core profit before tax margin (%)

35%

24%

Statutory profit

201

51

Core management fee EPS (diluted)

12.4

8.5

Statutory EPS (diluted)

17.5

4.4

Interim dividend per share

5.7

5.7

Financial key performance indicators[KPI]

Relative investment performance

0.4%

(1.2)%

Relative net flows

3.4%

11.5%

Core EPS (diluted)

19.9¢

9.7¢

Core management fee EPS growth2

46%

(23)%

Conference call and presentation

The conference call can be accessed at:

https://mangroup.webex.com/mangroup/j.php?MTID=m6d3cf7015cf2dc96e6f902b0e697bbf5

Webinar number (and access code): 2360 692 0141

Webinar password: ManHY2026Results (62649202 from a phone or video system)

Join by phone:

About Man Group

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent.

Headquartered in Jersey, we manage $253.62 billion and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com.

1. A DRIP is provided by Equiniti Financial Services Limited. The DRIP enables the Company’s shareholders to elect to have their cash dividend payments used to purchase the Company’s shares. More information can be found at www.shareview.co.uk/info/drip.

2. At 30 June 2026. All investment management and advisory services are offered through Man Group affiliated regulated investment managers.

$bn

$bn

AUM at
31 Dec 2025

Net flows

Investment performance

Other1

AUM at
30 Jun 2026

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