Man Group PLC (LSE:EMG)
£ 2.048 0.057 (2.86%) Market Cap: 2.36 Bil Enterprise Value: 2.61 Bil PE Ratio: 9.84 PB Ratio: 1.89 GF Score: 88/100

Full Year 2018 Man Group PLC Earnings Call Transcript

Mar 01, 2019 / 10:45AM GMT
Release Date Price: £1.35 (-2.61%)
Luke Ellis
Man Group plc - CEO & Executive Director

Good morning, everybody. Thank you for joining us. I know you've had a busy morning. Well, some of you have, I gather they were longer and shorter ones out there that you could have already done.

As usual, I'll take you through an overview of 2018. Mark will take you through the numbers. And then I'll talk a bit about the progress we're making on the overall business. And then we'll take your questions about first quarter flows. Sorry, or anything else that you happen to want to ask about. I'm sure it's say that on there. It's rather good, pages don't follow, but don't worry about that. Grand.

So 2018 and the fourth quarter, in particular, saw a lot of downside volatility in pretty much all asset classes. As you'd all be aware, it created a more difficult trading and performance conditions. And investment strategies generally across the industry lost money in 2018. Against that broad backdrop, we did a good job of delivering results in the areas we can control, namely: generating outperformance for clients, developing our client

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