Man Group Pleased With Rise In First Quarter Funds Under Management

LONDON (Alliance News) – Hedge fund Man Group PLC on Thursday reported a rise in first quarter funds under management on the back of a strong …

LONDON (Alliance News) – Hedge fund Man Group PLC on Thursday reported a rise in first quarter funds under management on the back of a strong investment performance.

Man Group’s funds under management at the end of March were USD112.3 billion, 3.5% higher than the USD108.5 billion reported at the end of 2018.

There was a USD4.5 billion positive investment movement during the quarter, but net outflows of USD700 million.

Chef Executive Luke Ellis said: “We are pleased to report a USD3.8 billion increase in our funds under management in the first quarter to USD112.3 billion, driven by strong investment performance from our quant alternative strategies and positive market movements.”

“The investment performance more than offset the previously indicated outflows in the quarter, which were concentrated in discretionary long only, including European retail investors reducing exposure to Japan and institutional clients reducing exposure to global equities.”

“While we expect clients to continue adjusting their portfolio allocations during the second quarter, we see ongoing engagement with clients on new mandates and, in particular, continuing strong demand for our total return strategies,” Ellis added.

Man Group also said its proposed change to its corporate structure is on track, and shareholder approval will be sought during May.

Man Group will be incorporating a new group holding company in Jersey but will remain a London listed company and remain a UK tax resident.

Shares were 0.6% higher on Thursday at a price of 142.35 pence each.

By George Collard; georgecollard@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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UK to support transforming Qatar into fintech hub

The Lord Mayor also said that over 160 business leaders from a wide-range of industries, including banking, finance and financial technology, are …

Qatar and the UK are expected to sign several new agreements at a forthcoming high profile event in London. Some of these agreements will be dedicated to set up fintech incubators in both the countries aiming to transform Qatar into a regional hub of financial technology, said the visiting Lord Mayor of the City of London, Peter Kenneth Estlin, yesterday.

Both the countries are working aggressively to deepening and expanding bilateral cooperation in all fields, with special focus in boosting ties in business, trade, investment, baking, finance, and financial technology (fintech).

The upcoming ‘Qatar Day’, to be held in London on April 26, is expected to be a landmark event in the journey of bilateral economic relations between Qatar and the UK, which is strong, deep rooted and historic.

These agreements are to be inked between several key entities from Qatar and the UK to expand cooperation and investment.

During the meetings at the event both side are expected to discuss how technology can be more broadly applied in digitizing the Qatari economy and some incubations can be set up here in Qatar as well as in the UK through joint investments.

The Lord Mayor also said that over 160 business leaders from a wide-range of industries, including banking, finance and financial technology, are expected to participate in the ‘Qatar Day’ event.

The high-profile meetings, which will be attended by who-and-who of the government and private organizations from both the countries, will include CEOs of the Bank of England (country’s central bank) and London Stock Exchange and others, and discuss ways to boosting cooperation.

“We are expecting at least half-a dozen agreements to be signed around the Qatar Day in London to establish business cooperation in different sectors, including fintech, health, energy and other sector, which could benefit from an incubation type culture”, the Lord Mayor told reporters at a roundtable discussion.

He added: “I had very good meetings this morning with the Amir H H Sheikh Tamim bin Hamad Al Thani and the Prime Minister and Interior Minister H E Sheikh Abdullah bin Nasser bin Khalifa Al Thani. The discussions during the meetings included continuing to strengthen our relationship in terms of both Qatar continuing to invest in the UK and also how the UK can help develop the free zones and other sectors of the Qatari economy, particularly the financial sector.”

Estlin, who is the 691st Lord Mayor of the City of London and an Alderman of the City of London Corporation, is working to strengthen the UK’s financial sector which contributes over 12 percent of the country’s GDP by forging partnership with other countries. This was follow up visit by Estlin after his predecessor Charles Bowman, the 690th Lord Mayor of the City of London, who visited Qatar in September last year to boot the bilateral cooperation.

Alderman Estlin said: “The discussions also included about the forthcoming Qatar Day, which I am hosting with the Department of International Trade, in London on April 26. The event will be very much about promoting the Qatar National Vision 2030 and cooperation with regard to hosting 2022 Fifa World Cup.”

He reiterated that both sides are expected to discuss and explore ways on how the UK can pragmatically support in developing Qatar’s financial sector, particularly the fintech, Islamic finance and green finance, which are some of the important agenda of the Qatar Day event.

He said that during the discussion the topic of Brexit also came up, but he noted that it is not going to have any adverse impact as the UK is looking forward to longer term cooperation and greater adoption of free trade not just with the EU but internationally. He also noted that the UK’s cybersecurity and fintech sectors are expected to create 35,000 new jobs over the coming years.

Alderman Estlin, who is also an advisor to Barclays plc, and having extensive experience in servicing the finical sector, had scheduled meetings with top officials of Qatar Financial Centre (QFC) Authority to discuss ways in enhancing cooperation and encouraging business for a win-win situation.

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Altneuro Announces Altcoin Trading Powered by Computer Neuroscience for the First Time

With the use of computational neuroscience, verification of transactions can go … Altcoin trading works with the essence of computer neuroscience the …
Altneuro Announces Altcoin Trading Powered by Computer Neuroscience for the First Time
Altneuro has gained its brownie points by reinventing Altcoin trading and making task easy for the cryptocurrency traders. Team is proud to present how computer neuroscience has made all the difference in the Altcoin trading.

London, United Kingdom – April 8, 2019 – Traders find it difficult to rely on Bitcoin transactions and the risk is always involved. Altneuro has picked up this inhibition and overcome the hindrances. With the use of computational neuroscience, verification of transactions can go hassle-free.

Altneuro has knocked down the market with its lucrative way of Altcoin trading that is controlled by Computer Neuroscience

Altneuro is seeking to reinvent Altcoin algorithms that include the AI equations. The algorithm used will benefit in computation function and will make the operations towards Bitcoin trading simpler.

Altcoin trading works with the essence of computer neuroscience the manual aspect of the cryptocurrency trading has lessened.

When asked the head of Altneuro, he said, “This platform is ideal for rookies and also experienced traders as there is always something for a person to learn. Also, we made this user-friendly so that everyone can use it with ease. So, people looking to become rich quickly- this is the only way.”

Altneuro takes pride in showcasing its user-friendly experience of trading. The company promises to offer integrated and a safe trading protocol that will not waste the traders’ time or money.

We wish altneuro.com all the best in the venture they have taken up. With the growing number of hacks and bugs in the market, Altcoin trading with Computer neuroscience seems to be the safest.

Video Link: http://www.youtube.com/embed/tOrApGJALWc

About the Company

Altneuro is the rapidly rising and most promising crypto trading platform. Altneuro focus on providing profitable crypto investment solutions via computer neuroscience. Their focus is to provide high profit marketplace to everyone. Altneuro’s mission is to constantly operate towards to enhance and educate people about crypto and their advantages in real life.

Media Contact

Company Name: Altneuro Limited

Contact Person: Mr. Ronnie Parker

Email:Send Email

Address:15 London Road, Oadby

City: Leicester, LE2 5RS

State: London

Country: United Kingdom

Website:https://altneuro.com

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Dialog Semiconductor Announces Closing of Strategic Partnership and Technology Licensing deal …

LONDON, UK / ACCESSWIRE / April 8, 2019 / Dialog Semiconductor Plc (XETRA:DLG), today announced the completion of its previously announced …

LONDON, UK / ACCESSWIRE / April 8, 2019 / Dialog Semiconductor Plc(XETRA:DLG), today announced the completion of its previously announced transaction with Apple to license certain power management technologies and transfer certain assets to Apple. Additionally, more than 300 Dialog professionals will become Apple employees, adding their talents to Apple’s industry-leading Hardware Technologies team. Signed in October 2018, Dialog will receive $600 million in total, consisting of a payment from Apple of $300 million in cash for the transaction and prepayment of $300 million for Dialog products to be delivered over the next three years. Dialog has also been awarded a broad range of new contracts from Apple for the development and supply of other mixed-signal integrated circuits.

“This transaction accelerates Dialog’s transformation to a market-leading provider of differentiated custom and configurable mixed-signal integrated circuits (ICs) across a broader customer base. We are moving forward to the next phase of growth with a strategic focus on fast-growing segments of the IoT, Mobile, Automotive and Computing & Storage markets,” said Jalal Bagherli, CEO of Dialog Semiconductor. “This agreement reaffirms our long-standing relationship with Apple and gives me great confidence in the future of our business.”

“Apple is excited to welcome more than 300 talented engineers and other employees from Dialog who have extensive chip development expertise and deep knowledge of our products,” said Johny Srouji, Apple’s senior vice president of Hardware Technologies. “We look forward to continuing our relationship with Dialog and expanding our team focused on designing breakthrough technologies that enable the world’s best user experiences.”

Dialog and the Dialog logo are trademarks of Dialog Semiconductor plc or its subsidiaries. All other product or service names are the property of their respective owners. (c) Copyright 2019 Dialog Semiconductor. All rights reserved.

For further information please contact

Investor Relations Contacts: Media Contacts:

Jose Cano Mark Tyndall

Head of Investor Relations SVP Corporate Development & Strategy

Dialog Semiconductor Dialog Semiconductor

Phone: +44 (0)1793 756 961 Phone: +1 408 845 8520

jose.cano@diasemi.com

Anja Meusel Matt Dixon

FTI Consulting Frankfurt FTI Consulting London

Phone: +49 (0)69 9203 7120 Phone: +44 (0)2037 271 137

anja.meusel@fticonsulting.commatt.dixon@fticonsulting.com


About Dialog Semiconductor

Dialog Semiconductor is a leading provider of integrated circuits (ICs) that power mobile devices and the Internet of Things. Dialog solutions are integral to some of today’s leading mobile devices and the enabling element for increasing performance and productivity on the go. From making smartphones more power efficient and shortening charging times, enabling home appliances to be controlled from anywhere, to connecting the next generation of wearable devices, Dialog’s decades of experience and world-class innovation help manufacturers get to what’s next.

Dialog operates a fabless business model and is a socially responsible employer pursuing many programs to benefit the employees, community, other stakeholders and the environment it operates in. Dialog Semiconductor Plc is headquartered in London with a global sales, R&D and marketing organization. In 2018, it had approximately $1.44 billion in revenue and was one of the fastest growing European public semiconductor companies. It currently has approximately 1,850 employees worldwide. The company is listed on the Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN GB0059822006) and is a member of the German TecDax.

Contact:

Jose Cano

Director, Investor Relations

jose.cano@diasemi.com

+44(0)1793756961

SOURCE: Dialog Semiconductor Plc

View source version on accesswire.com:

https://www.accesswire.com/541284/Dialog-Semiconductor-Announces-Closing-of-Strategic-Partnership-and-Technology-Licensing-deal-with-Apple-Closing-conditions-met-ahead-of-schedule-including-State-Administration-for-Market-Regulation-SAMR-China-and-other-regulatory-approvals

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Uber passengers hit with £1 surcharge to travel through central London from Monday after Mayor …

Uber passenger travelling through central London face an additional £1 surcharge on fares within the congestion charge zone as Transport for …

Uber passenger travelling through central London face an additional £1 surcharge on fares within the congestion charge zone as Transport for London strip the exemption for private hire vehicles from paying the levy.

Until this weekend, private hire vehicles did not have to pay the £11.50 London congestion charge which operates between 7am and 6pm on weekdays.

From Monday morning, most drivers for firms such Uber will have to pay the levy when entering the zone.

Uber has announced that passengers entering the congestion charge zone in London from Monday morning will have to pay an additional £1 levy on their fare after Transport for London scraps the private hire exemption to the £11.50 tax

Uber has announced that passengers entering the congestion charge zone in London from Monday morning will have to pay an additional £1 levy on their fare after Transport for London scraps the private hire exemption to the £11.50 tax

Uber has announced that passengers entering the congestion charge zone in London from Monday morning will have to pay an additional £1 levy on their fare after Transport for London scraps the private hire exemption to the £11.50 tax

The congestion charge zone is operational between 7am and 6pm Monday to Friday. However, drivers with older cars will have to pay the Ultra-Low Emission

The congestion charge zone is operational between 7am and 6pm Monday to Friday. However, drivers with older cars will have to pay the Ultra-Low Emission

The congestion charge zone is operational between 7am and 6pm Monday to Friday. However, drivers with older cars will have to pay the Ultra-Low Emission

The ride-hailing app said the money will go directly to drivers to help cover the £11.50 daily fee charged by Transport for London (TfL).

Uber will add the £1 surcharge to every trip that enters the zone, even though the congestion charge only applies between 7am and 6pm on weekdays.

Drivers of private hire vehicles, such as Uber cars, will have to pay Transport for London’s congestion charge from Monday after previously being exempt.

Uber said it will not add its £1 surcharge to passengers using car-sharing service Uber Pool or wheelchair accessible vehicles.

A spokeswoman for the firm said: ‘The central London fee, adding £1 to trips in the capital, will go directly to drivers to help them cover the new congestion charge.

‘By exempting Uber Pool trips, we will help reduce traffic and toxicity in London.

From Monday morning, many motorists entering central London will have to bay the ultra-low emission charge, which operates around the clock

From Monday morning, many motorists entering central London will have to bay the ultra-low emission charge, which operates around the clock

From Monday morning, many motorists entering central London will have to bay the ultra-low emission charge, which operates around the clock

‘We share many of the same goals as the cities that we serve and are committed to addressing the same challenges: reducing individual car ownership, expanding transport access and tackling air pollution.’

Monday will also see the launch of the ultra-low emission zone (Ulez) in London.

Drivers of older, more polluting vehicles will pay a daily charge of £12.50 when they enter the congestion charge zone.

This is payable 24 hours a day and is in addition to the £11.50 congestion charge fee.

Meanwhile, drivers seeking to pay the congestion charge over the weekend were unable to complete the transaction after the website was being upgraded for Monday’s launch of the Ulez charge.

A TfL spokesperson said: ;While we make our final preparations for the world-leading Ultra Low Emission Zone which starts operating on April 8, as planned and advertised, customers are unable to pay the congestion charge on the TfL website over the weekend.

‘When we return to normal service in the early hours of Monday morning, customers will be able to pay again and, as usual, anyone who drove in the zone on Friday won’t be fined and will have until the end of the day on Monday to pay their charge.’

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