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Latest news with #RobynGrew

Ackman Dismisses Harvard as a ‘Bunch of Old Buildings'
Ackman Dismisses Harvard as a ‘Bunch of Old Buildings'

Bloomberg

time06-05-2025

  • Business
  • Bloomberg

Ackman Dismisses Harvard as a ‘Bunch of Old Buildings'

Other panelists aren't as high on India. Man Group CEO Robyn Grew called the market 'tradable' but not somewhere the firm wants to invest a lot. Centerbridge's Aronson said investing there requires a robust local presence. The case of edtech startup Byju's comes to mind (though it hasn't been mentioned in the panel). What was once one of the country's highest-profile startups is mired in litigation with American lenders in both the US and India over missing money and debt defaults.

Man Group assets $168.6 billion, roughly in line with expectations
Man Group assets $168.6 billion, roughly in line with expectations

Reuters

time27-02-2025

  • Business
  • Reuters

Man Group assets $168.6 billion, roughly in line with expectations

LONDON, Feb 27 (Reuters) - London-listed Man Group (EMG.L), opens new tab, reported on Thursday a roughly 1% rise in assets under management to $168.6 billion for the year to Dec. 30. This was broadly in line with the $171.6 billion expected by analysts. The firm recorded net outflows of $3.3 billion for 2024, driven by the $7.0 billion single client redemption in the third quarter of 2024, the company said in a statement. Against the backdrop of increased market volatility and a rapid rise in long-term rates to start the year, hedge funds levered up to bulk up trading to new heights during the course of 2024, to trade on U.S. elections and volatility spikes. "In another volatile year for markets, we delivered good performance for our clients, with all our product categories contributing positively," said the hedge fund's CEO Robyn Grew in a statement. here.

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