St James's Place eyes £200bn AUM while Man Group flags $100m share buyback

Asset managers report on their successes and failures during the first half of the 2021, as investor sentiment remains strong despite continued lockdowns across Europe. Man Group Man Group has reached a record level of funds under management (FUM), with a rise of 9.5% over the six months to 30 June 2021 pushing the firm's assets to $135.3bn. H1 2021 marked a reversal of the firm's fortunes, raking in $1.2bn of net inflows, compared to losing the same amount to outflows in H1 2020. While inflows helped shore up the business' FUM, the majority of the growth was driven by a positive...