Man Group Plc announced a share buyback of $125 million on 30 June and has declared an interim dividend of 5.6¢ per share (30 June 2021: 5.6¢). The ex-dividend date for this dividend is 11 august 2022. The record date is 12 August 2022. The payment date is 09 September 2022.
Other Financial Highlights:
Assets under management (AUM) of $142.3 billion (31 December 2021: $148.6 billion)
o Net inflows of $3.2 billion
o Positive investment performance of $2.1 billion from alternative strategies
o Despite generating strong alpha, market beta resulted in negative investment performance of $7.0 billion from long-only strategies
o Negative FX and other movements of $4.6 billion
Core earnings per share (EPS) increased by 28% to 24.0¢ (H1 2021: 18.7¢)
o Core management fee EPS increased by 23% to 9.1¢ (H1 2021: 7.4¢)
o Core performance fee EPS increased by 32% to 14.9¢ (H1 2021: 11.3¢)
Statutory EPS (diluted) increased by 44% to 22.7¢ (H1 2021: 15.8¢)
Run rate net management fee revenue of $937 million as at 30 June 2022 (31 December 2021: $939 million)
Balance sheet strength and liquidity position support long-term growth
At 29 July 2022 we had completed $39 million of the $125 million share buyback announced in June 2022
