LONDON: Man Group is set to post an increase in client outflows on Friday, showing that new chief executive Many Roman still has much work to do to turn around the hedge fund manager's fortunes.
The former FTSE-100 firm, whose shares are down by almost two-thirds since the start of 2011, could post its highest level of net outflows since the credit crisis and above levels seen under ex-CEO Peter Clarke when it updates investors on first-quarter trading.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
