PRN: Man Group plc - Year End Results 2011
Man Group plc - Year End Results 2011
LONDON, May 26, 2011 /PRNewswire/ --
The world's leading alternative investment management business, Man has announced year end results for 2011 with net management and performance fees coming in higher than those reported at the pre-close.
In Chief Executive and Finance Director video interviews with financial news website http://www.cantos.com, Man's Chief Executive Peter Clarke said it had been a "significant year" for the group now that it had achieved its aim of building a comprehensive set of investment strategies through the acquisition of GLG and the remaining stake in Ore Hill.
Its Finance Director Kevin Hayes runs through the financials, and comments on the group's substantial capital and liquidity position and ongoing cost synergies programme.
Peter Clarke talks more on his view of the hedge fund industry and expected sources of growth and gives his view on current trading and the outlook.
You can watch the interviews for free at http://www.cantos.com/company/Man%20Group.
Also available, live analyst and investor webcast at 0930BST with on-demand replay available after the event.
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 firstname.lastname@example.org or phone +44-207-936-1372.
Company Codes: LSE:EMG, Bloomberg:EMG@LN, RICS:EMG.L, ISIN:GB00B28KQ186