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Man SE Anticipates Slight Growth In Sales Revenue In 2019
Volkswagen's MAN Affirms 2019 Outlook
Man SE FY Operating Profit Down At EUR 332 Million
MAN SE is a German manufacturer of commercial vehicles, engines and mechanical engineering equipment. The Company is active within two business areas, which are divided into four main divisions: Commercial Vehicles business area consists of the division MAN Truck & Bus as well as MAN Latin America; and Power Engineering business area includes MAN Diesel & Turbo as well as Renk division. MAN Truck & Bus produces trucks ranging from 7.5 to 44 tons and buses for scheduled services through to luxury travel. MAN Latin America is engaged in production of trucks and bus chassis, which are primarily sold in Latin America and Africa. MAN Diesel & Turbo provides large-bore diesel engines for marine and stationary applications, exhaust-gas turbochargers, propulsion systems, compressors, turbines and chemical reactors, among others. Renk manufactures special gear units, propulsion components and testing systems. The Company runs production sites worldwide and has operations in 150 countries.
Dachauer Str. 641
Andreas Hermann Renschler
Chairman of the Supervisory Board
Joachim Gerhard Drees
Chairman of the Management Board, Chief Executive Officer, Member of the Executive Board
First Deputy Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer, Member of the Management Board, Member of the Executive Board
Chief Human Resource Officer, Member of the Management Board
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British hedge fund manager Man Group <EMG.L> said assets were hit by net outflows of client cash and adverse currency moves in the third quarter and an uncertain outlook could weigh on sentiment into year-end.
British hedge fund manager Man Group on Friday posted a 1.5% fall in assets under management in the three months to the end of September, hit by net outflows of client cash and adverse currency moves.
British hedge fund Man Group <EMG.L> said on Monday that the former Deutsche Bank chief executive John Cryan has been appointed chairman and will start his new role in January 2020, replacing Ian Livingston.
British hedge fund manager Man Group's <EMG.L> president Jonathan Sorrell will stand down with immediate effect, the company said on Wednesday.
British hedge fund manager Man Group said assets rose 5% in the first half of the year, helped by performance in its computer-driven strategies, boosting fee income and sending its shares higher.
British hedge fund manager Man Group on Wednesday reported a 5% increase to its assets under management in the first half of 2019, even as it saw an increased outflow of client cash.
German auto maker Volkswagen <VOWG.DE> struck a slew of deals on Thursday to streamline its new Traton unit into a pure truck and bus business and prepare it for a planned stock market listing next year.
A German court has ordered auto maker Volkswagen AG's truck unit to pay 300 million euros (£265.4 million) to shareholders in MAN SE, ending a long-running court battle over its buyout offer.
Man Group <EMG.L>, the world's largest listed hedge fund, reported a 3 percent rise in total assets in the first-quarter after net inflows of $4.8 billion (£3.3 billion) more than offset performance losses.
Man Group, the world's largest listed hedge fund, said on Thursday that net inflows of $4.8 billion in the first quarter helped funds under management rise 3 percent in the first three months of 2018.
Hedge fund manager Man Group on Wednesday named Simon Finch as chief investment officer (CIO) of its unit Man GLG.
* SAYS MEAN GENDER PAY GAP IS 21.4 PERCENT; MEAN BONUS PAY GAP 67 PERCENT Source text for Eikon: Further company coverage: (Reporting By Simon Jessop and Maiya Keidan)
* Adjusted pretax profit $384 mln, up from $205 mln in 2016 (Adds share rise, further detail)
British hedge fund firm Man Group said on Wednesday it had added $12.8 billion in new assets for the financial year ended Dec. 31, bringing its total funds under management to $109.1 billion.
Shares in British hedge fund Man Group <EMG.L> rose 4 percent on Friday after a rise in third quarter assets and a new share buyback was announced.
British hedge fund Man Group's assets rose 7.9 percent in the third quarter, boosted by market gains and net inflows to its funds, including in emerging market debt.
British asset manager Man Group said on Tuesday it had appointed Michael Turner as chief executive of its FRM unit, which specialises in investing in hedge funds.
British hedge fund Man Group <EMG.L> said on Thursday it had received approval to develop onshore investment products in China.
British hedge fund firm Man Group <EMG.L> said assets under management rose 19 percent in the first half of 2017, sending its shares higher on Tuesday, but cautioned growth was set to slow over the next six months.
British hedge fund firm Man Group said on Tuesday that its assets under management rose 19 percent in the first half of 2017, boosted by new investment and the acquisition of real estate fund Aalto, which added $1.8 billion.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.