<\/p>\n
Man Group PLC reports new highlights for 6 months (ending 30 June 2013)<\/strong><\/p>\n ? Total tangible assets at 30 June 2013 of $2.2bn ? Volatile market environment continues In the last 12 months funds under management are down 2% to $57.0 billion<\/strong> Editing by Alex Akesson Man Group PLC reports new highlights for 6 months (ending 30 June 2013) ? Total tangible assets at 30 June 2013 of $2.2bn ? Net tangible assets at 30 June 2013 of $1.3bn,\u00a072 cents or 47 pence per share […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16044,4],"tags":[],"class_list":["post-37155","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-strategies-2","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=37155"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37155\/revisions"}],"predecessor-version":[{"id":37164,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/37155\/revisions\/37164"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=37155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=37155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=37155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n? Net tangible assets at 30 June 2013 of $1.3bn,\u00a072 cents or 47 pence per share
\n? Total liquidity at 30 June 2013 of $2.6bn
\n? All borrowings will have been repaid by 7 August\u00a02013
\n? Surplus capital at 30 June 2013 of $990m
\n? Pro-forma surplus capital after the remaining debt\u00a0buyback, interim dividend and restructuring charges\u00a0of up to $550m.<\/p>\n
\n? Funds under management down 9% to $52.0 billion
\n? Adjusted PBT of $134 million (six months ended 30 June 2012: $122 million)
\n? Statutory profit before tax of $122 million (six months ended 30 June 2012: loss of $163 million)
\n? Proposed interim dividend of 2.6 cents per share<\/p>\n
\n? Adjusted PBT of $278 million (9m to 31 Dec 2011: $262 million)
\n? Decision to impair GLG goodwill by a further $746 million
\n? Statutory loss before tax of $745 million (9m to 31 Dec 2011: profit of $193 million)
\n? Significant management change at Board and Executive Committee
\n? Proposed final dividend of 12.5 cents per share to bring total dividend for the year to 22.0 cents.<\/p>\n
\nEditor for\u00a0HedgeCo.net<\/a>
\nalex@hedgeco.net<\/a>
\nHedgeCo.Net<\/a>\u00a0is a premier\u00a0hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"