Is MNGPF.PK a buy? - Seeking Alpha

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Company Description

Currently, there's no company description for MNGPF.PK.

Sector: Financial

Industry: Diversified Investments

Country: United States

Wednesday, September 28, 2011, 3:21 AM Man Group (MNGPF.PK) -17% in London after saying AUM fell 8% to $65B despite record fund sales. Redemptions shaved $2.6B; negative performance $1.5B; and a stronger dollar (vs. euro and aussie) drove AUM down $1.9B. The drop underscores how volatile markets are eroding AUM at hedge funds and other asset managers. Comment! [Financials, On the Move, Top Stories]
Monday, May 17, 2010, 7:31 AM Man Group (MNGPF.PK), the world's largest publicly traded hedge fund group, is buying GLG Partners (GLG), one of its biggest rivals, for $1.6B. Man Group is trying to diversify after facing criticism for its reliance on AHL, a trading program that accounts for half of its assets. (PR) Comment!
Wednesday, January 14, 2009, 11:37 AM Man Group's (MNGPF.PK) assets under management fell 21% in the last 3 months of 2008. Most of the decline was from removing leverage, though some came from redemptions and two Madoff-related funds that Man Group wrote down to zero. Comment!
Friday, November 7, 2008, 3:52 AM Man Group (MNGPF.PK), the world's largest publicly traded hedge-fund group, whose shares fell 31% yesterday after a sharp drop in performance, sees governments reining in the largely-unregulated industry. Comment!

MNGPF.PK Man Group Plc