Man Group plc (LON:EMG) recently published results for the quarter ended 31st March 2022 with net inflows over $3 billion record Assets under Management and they’ve also paid a bi-annual dividend for a number of years now.
DirectorsTalk caught up with Fund Manager Gervais Williams for his thoughts on the company.
“What’s interesting about this company is that it adds value through stock selection. As you know, over recent years, investors have been able to make good money by just buying exchange traded funds (ETFs), index products and such like which as the stock markets performed, they’ve all generated very good returns.
With markets becoming much more unsettled, the ability to add value when stock markets aren’t going up much or indeed have been declining is becoming more important.
Man Group is an example of a company which is well positioned, they’ve seen a strong rise in their performance related fees, they generate cash and they’ve got a good momentum of new clients coming in. So, this is a company where, despite the fact that valuations have come down – being a stock market business some of its assets have fallen – ultimately, it’s growing at a faster rate and that’s quite exciting. Again, income and income growth are just the kind of characteristics, along with all of the mix of other industries we have in the portfolio, which adds value over the longer term and has actually generated some very good returns for the clients to date.”
Man Group plc (LON: EMG) is an active investment management business listed on the London Stock Exchange. It provides a range of funds across liquid and private markets for institutional and private investors globally and is the world’s largest publicly traded hedge fund company, reporting $151.4 billion in funds under management as of March 2022. The firm is headquartered at Riverbank House in London and employs over 1,400 people in various locations worldwide.
