Man Group - Record Results in Turbulent Markets
29 Mayo 2008 - 2:47AM
PR Newswire (US)
LONDON, May 29 /PRNewswire-FirstCall/ -- Man Group CEO Peter Clarke
and FD Kevin Hayes interviewed on http://www.cantos.com/ about
record-breaking results for 2007-08 which saw pre-tax profits of
over $2bn generated and assets under management up 21% to $75bn .
Man Group is one of the world's leading providers of alternative
investments. Peter Clarke puts fund performance in context,
including the core AHL fund which was up over 30% over the
financial year. Kevin Hayes explains in detail about margins,
dividend and share buybacks. While the outlook for the market will
remain volatile "for some time", Mr Clarke says the company will
focus on growth and benefit from its strong capital base. "I think
we have an exciting time ahead of us. We have the benefits of
regulatory trends which are making it more straightforward for
investors to get to our sorts of products and changing patterns of
wealth accumulation which are creating huge numbers of new and
sophisticated private and institutional investors around the world.
There are lots of opportunities. We intend to take advantage of
many of those opportunities. There's plenty to do. And we have the
capital and resources to do it." There will also be a live
presentation to analysts at 09:00BST with on-demand replay
available later today. The interviews, podcasts and transcripts are
available now on http://www.cantos.com/. Cantos interviews are also
available on our CEO Direct page on iTunes. 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 or phone +44-207-936-1333.
DATASOURCE: Man Group PLC CONTACT: If you would like to contact us,
please email or phone +44-207-936-1333
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