Man Group - Record Results in Turbulent Markets

Name	Symbol	Market	Type
ETF	BIT:EMG	Italy	Exchange Traded Fund

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ETF

BIT:EMG

Italy

Exchange Traded Fund

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Man Group - Record Results in Turbulent Markets

29/05/2008 8:47am

PR Newswire (US)

ETF (BIT:EMG)
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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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