Man Group

History:

Man Group was founded in 1887. Initially, James Man started this company as a brokerage house. Finally the company became a member of London Stock Exchange in 1994. Man Group now does trading on London Stock Exchange and is a constituent of the FTSE 100 index. It is classified within the ‘General Financials’ sector and ‘Asset Managers’ sub-sector.

Activities:

Man Group sold its agricultural products business in March 2000 to a different company. In September 2000, the Group changed its name from ED&F to Man Group PLC. Man Group operates under two group companies, Man Investments and Man Financial.

Man Group Investments:

• It is an Asset Management division.
• The group is a global leader in the fastest growing alternative investments industry.
• The Group creates new products and provides solutions to private and institutional investors.
• Core Investment managers like AHL, Glenword, Man Global Strategies and RMF are always there to lend their expert opinion.
• Man Investments thus succeeded in being a leader in hedge funds and in other assets.
• In the core hedge fund assets business, the group offers hedge funds, structured and other stylized products.
• For approximately more than two decades, Man Investments is in this business.
• Man Investment maintains the standard of excellence in this industry whose central objective is to provide diversification from the traditional equity and bond investments business.
• The Group is supported by strong global presence, supported by strong product development and structuring skills.
• The Company carries a service and distribution network.

Man also announced special literary encouragement prize amounting 60,000 pounds to the winner of the year 2007 Booker Prize.

Performance:

Net Income of Man Group rose to approximately $ 221 million as per the figures available at the end of November 2006.They had a growth of 33% as compared to the previous year. Man Group’s share price as per dated 20.03.07, is as follows,

• Current Price $535.50
• Change $1.50

From August 14, 2006, each ordinary share of 18 cents was divided into six ordinary shares of three cents each.

Distinction:

Man Group is different from others in a way that it is the only financial group companies in the world that caters to the needs of ‘General Financials’ and the ‘Assets Management’ sector.

Infrastructure:

Man Group is a combination of three companies. It is located in 16 countries around the globe. Its branches are located in London, Pfaffikon (Switzerland), Chicago, New York, Paris, Singapore and Sydney amongst other places.
The company has an employee strength of around 4,000.

Name of the Company and Chairman’s name:

Man Group Plc
Sugar Quay
Lower Thames Street
London EC 3R 6 DU
England
Number of employees are approximately 4,000
Chairman & CEO-Stanley Fink
Deputy Chief Executive- Peter Clarke
Website URL: www.mangroupplc.com