Liquid Alternatives: Man Group Anticipates Higher Demand For Liquid Alternatives This Year

The stock of Man Group surged after the hedge fund giant declared its results.

Man Group (LON: EMG), one of the largest publicly traded hedge funds, has reported higher pre-tax profit in 2022, up from 2021, and raised its core net revenue by 14%. The UK-based asset manager has said that it expects more demand for liquid alternative strategies this year after delivering positive returns for investors from the strategy in 2022. (MarketWatch)

Man Group is one of the largest liquid alternative providers globally. Approximately 41% of the company’s alternative assets under management have daily or weekly liquidity terms.

“All things being equal, that should naturally lead to more demand in 2023 for liquid alternatives, especially as so many other investments lost money last year, and that’s certainly reflected in the client conversations I’ve had going around the world this year,” Man Group CEO Luke Ellis told analysts on a morning earnings call on Tuesday.

He added that the UK government’s mini-fiscal budget last September was a “perfect manifestation” of the role liquid alternatives can play in an investment portfolio. The rout in the British gilt markets led to billions of pounds of collateral calls on investments into liability-driven investment (LDI) funds by UK pension funds.

The firm’s investment is spread across a variety of systematic and discretionary strategies, including equity long/short, fundamental macro, and credit.

Meanwhile, shareholders will receive a final dividend of 10.1 cents per share for the year.

Related Story: Man Group Reports Alternatives Funds AUM At $77.2B

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Digital Assets: Ledger, Maker Of Crypto Security Hardware, Raises Nearly All Of $100M Series C Round
March 31, 2023     Digital Assets, News, Venture Capital

Paris-based startup Ledger, which makes hardware wallets for cryptocurrency investors, has raised €100m ($109m) in funding, valuing the company at €1.3bn. The round was led by investors including Digital Finance…
FinTech: Cogo And Eliq Partner To Help Banking Customers Enhance The Energy Efficiency Of Their Homes
March 31, 2023     ESG and Sustainability, FinTech, News

Cogo, a fintech which collaborates with banks to assist customers in decreasing their carbon footprint as a carbon footprint management firm, is partnering with Eliq, a company that specializes in…
Venture Capital: The LSP Dementia Fund Closes €260M (US$283M) To Address Dementia, One Of The Most Significant Health Crises Of Our Era
March 31, 2023     Latest News, News, Venture Capital

The LSP Dementia Fund has reached a final close at €260 million (US$ 283 million), surpassing its initial target of €100 million. The fund, which is managed by EQT Life…
Artificial Intelligence: The DAGGER AI Model Gives Advance Warning Of Dangerous Solar Storms
March 31, 2023     Artificial Intelligence, News

Researchers have developed an AI-based model that combines satellite data and machine learning to predict where an impending solar storm will strike on Earth, offering 30 minutes of advance warning….