In a buying and selling replace made right this moment (19 October), Man Group mentioned the detrimental FX impression was “primarily from US greenback energy” and added that it was “partially offset by performance-linked leverage actions”.
The FX impacts have been felt most in its whole return methods and discretionary long-only methods which every noticed a $1bn drop in belongings. Systematic long-only methods and absolute return methods fell $800m and $400m respectively.
Quilter AuMA drops 2% as internet inflows gradual
Absolutely the return methods have been the standout performers for the agency with an asset acquire of $1.6bn. Multi-manager options was the one different technique to expertise a constructive impression to AUM, including $100m.
The worst performer was the systematic long-only technique, which led to an AUM decline of $1.2bn.
Web outflows for the interval have been $500m, with simply multi-manager options posting inflows of $3.4bn in the course of the three months. Absolute return methods noticed essentially the most outflows of $1.5bn.
