This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEJ1R07P_L.jpg
The company posted full year core pretax profit of $779 million, up 18% on the previous year.
“2022 was another strong period of growth for Man Group, demonstrating the ability of our talent and technology to deliver for our clients, and the merits of the resilient and diversified business model we have built,” Luke Ellis, Chief Executive Officer, said in a statement.
The firm recorded net inflows of $3.1 billion for 2022, down 77% against a year earlier, although this was 5.3% higher than the average posted by the UK hedge fund industry.
