FTSE 350 Review 2018 

FTSE 350: Asset managers at risk of market correction

FTSE 350: Asset managers at risk of market correction

With the UK equity markets enjoying an extended bull run, it makes sense that UK-listed asset managers – highly geared to the market’s fortunes – have also put in a stellar performance, at least in relative terms, as it was partly a reflection of the losses suffered during 2016. Some of these were the result of sector-wide factors such as the investor jitters that followed the EU referendum, others were idiosyncratic. Man Group (EMG) generated the largest share price gains last year – up almost three-quarters – after its discretionary long-only strategies started to recover.

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