Share buyback on the horizon as revenues jump 14%

Hedge Funds

Man Group said on 28 February that pretax profit in 2022 rose on higher management and performance fees, and that it intends to repurchase more shares.

The active investment management firm said pretax profit stood at $745m compared with $590m in 2021. Core net revenue rose 14% to $1.73bn.

Man Group’s profits rise as CEO eyes ‘significant opportunities’ ahead

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Man Group

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