Positive Investment Performance
Delivered positive investment performance across all product categories with overall outperformance of 1%. Long-only strategies showed particularly impressive results, with gains of 15.2% in equity markets and 16.8% from Systematic strategies.
Increased Earnings and Dividend
Core management fee earnings per share increased by 17% to $0.215, and performance fee earnings per share more than doubled to $0.106. The total dividend for the year increased by 6% compared to 2023.
Growth in Specific Strategies
Alternative strategies generated strong returns, with multi-strategy Man 1783 delivering nearly 15%. Long-only credit strategies saw a significant increase in AUM by $6.6 billion or 81%.
Successful Share Buybacks
Announced the intention to repurchase an additional $100 million in shares, following a $50 million share buyback executed in 2024.
Strong Strategic Partnerships
Established a strategic partnership with Meiji Yasuda, planning to allocate JPY 600 billion ($4 billion) to private markets over a 3-year period.