Latest news with #ManGroup
Yahoo
3 days ago
- Business
- Yahoo
3 UK Dividend Stocks Yielding Up To 6.5%
As the FTSE 100 index faces headwinds from weak trade data out of China, investors are increasingly looking for stability and income through dividend stocks. In uncertain market conditions, companies with strong dividend yields can offer a reliable source of returns, making them an attractive option for those seeking to navigate the current economic landscape. Name Dividend Yield Dividend Rating WPP (LSE:WPP) 7.78% ★★★★★★ Treatt (LSE:TET) 3.29% ★★★★★☆ OSB Group (LSE:OSB) 6.52% ★★★★★☆ NWF Group (AIM:NWF) 4.76% ★★★★★☆ Man Group (LSE:EMG) 9.50% ★★★★★☆ Keller Group (LSE:KLR) 3.41% ★★★★★☆ James Latham (AIM:LTHM) 6.99% ★★★★★☆ Grafton Group (LSE:GFTU) 3.64% ★★★★★☆ Dunelm Group (LSE:DNLM) 6.75% ★★★★★☆ 4imprint Group (LSE:FOUR) 4.77% ★★★★★☆ Click here to see the full list of 58 stocks from our Top UK Dividend Stocks screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Eurocell plc manufactures, distributes, and recycles PVC building products such as windows, doors, and roofline materials in the UK and Ireland with a market cap of £156.50 million. Operations: Eurocell plc's revenue is primarily derived from its Profiles segment, which generated £209.80 million, and its Building Plastics segment, which contributed £212.30 million. Dividend Yield: 3.9% Eurocell plc recently approved a final dividend of 3.85 pence per share for 2024, reflecting its commitment to returning value to shareholders despite a history of volatile dividends. With a payout ratio of 61.8%, dividends are well-covered by earnings and cash flows, indicating sustainability. However, the yield is below the UK market's top tier at 3.95%. The stock trades at a significant discount to estimated fair value, potentially offering attractive entry points for investors focused on valuation. Take a closer look at Eurocell's potential here in our dividend report. The valuation report we've compiled suggests that Eurocell's current price could be quite moderate. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Mears Group plc, with a market cap of £342.87 million, provides outsourced services to both the public and private sectors in the United Kingdom. Operations: Mears Group plc generates revenue from two main segments: Management, contributing £576.70 million, and Maintenance, accounting for £555.81 million. Dividend Yield: 4% Mears Group's dividend payments have grown over the past decade, with a recent 23% increase to 16 pence per share for 2024. Despite a history of volatility, dividends are well-covered by earnings and cash flows, with payout ratios at 31.8% and 14.2%, respectively. The company anticipates revenues exceeding £1.05 billion in 2025, supported by a significant £230 million contract renewal with Milton Keynes City Council. However, its dividend yield of 4.05% is below the UK market's top tier. Delve into the full analysis dividend report here for a deeper understanding of Mears Group. Our valuation report unveils the possibility Mears Group's shares may be trading at a discount. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: PageGroup plc operates as a recruitment consultancy offering services across the UK, Europe, the Middle East, Africa, Asia Pacific, and the Americas with a market cap of £819.38 million. Operations: PageGroup plc generates its revenue primarily from recruitment services, totaling £1.74 billion. Dividend Yield: 6.5% PageGroup's dividend yield of 6.52% ranks in the top 25% of UK payers, but its high payout ratio of 188.9% indicates dividends aren't well-covered by earnings, though cash flows cover them with a lower cash payout ratio of 49.3%. Despite past volatility and unreliability in dividends, payments have grown over the last decade. Recent profit margins have declined to 1.6%, and Paul Harrison's appointment as Non-Executive Director may influence future strategic decisions. Click here to discover the nuances of PageGroup with our detailed analytical dividend report. Our valuation report here indicates PageGroup may be overvalued. Unlock more gems! Our Top UK Dividend Stocks screener has unearthed 55 more companies for you to here to unveil our expertly curated list of 58 Top UK Dividend Stocks. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include LSE:ECEL LSE:MER and LSE:PAGE. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Spectator
4 days ago
- General
- Spectator
The cunning meanings of quant
The FT headline said: 'Man Group orders quants back to office five days a week.' I didn't know what quants were and all my husband could say was: 'Complete quants', as though it were funny. Of course I kept thinking of Mary Quant, and I suppose her name was French in origin. There was a Hugo le Cuint in 1208 and a Richard le Queynte in Hampshire in 1263. The name would relate to quant or quaint, meaning 'clever' or 'cunning', and derived from Latin cognitus. The varied spelling overlapped with the word Chaucer used for a woman's private parts, which comes from a completely different Latin word. Such is the elasticity of language, where words of distinct meaning can have exactly the same form, that another word quant has been in use for 600 years to mean a sort of punt pole with a flanged end to avoid being caught in the mud of the Norfolk Broads. The same pole-like element called a quant is found in windmills to transmit drive to the upper millstone. This all sounds like something from Call My Bluff, but the funny thing about the pole-like quant is that in Latin, as Thomas Shadwell noted in his translation of Juvenal, contus means a bargepole, as kontos does in Greek. Yet today's etymologists refuse to fall for the casual resemblance. I would like to imagine that, in the context of the FT headline, City workers were to be punted by quant-power down the river every working day. But the City quants are nothing but quantitative analysts, no doubt given to fits of quantitative easing. Quant as an abbreviation of quantitative was first observed among chemical scientists in the 19th century, but was applied to financial analysts only in the late 1970s. The abbreviation has something of the flavour of cit, popular from the 17th century as a name for an inhabitant of a city – 'in an ill sense' as Samuel Johnson put it, 'a pert, low townsman'. But be they never so high, they'll be coming in five days a week.
Mint
6 days ago
- Business
- Mint
The stock market has been resilient. How long can that last?
Investors seem to be humming the chorus of Bob Marley's 'Three Little Birds" lately. Don't worry about a thing 'Cause every little thing gonna be all right. Wall Street has shrugged off concerns about tariffs and trade, interest rates remaining higher than many consumers (and President Donald Trump) would like, the prospect for slowing earnings and economic growth and, new worries about higher oil prices and greater geopolitical tension following the U.S. strike on Iranian nuclear facilities over the weekend. Stocks rose Monday but trading was volatile. Still, the market, after getting hit hard in early April by Trump's tariff war, has enjoyed an impressive surge since then. The Dow is now essentially flat for the year while the S&P 500 and Nasdaq are both in positive territory and inching back toward record high levels. Does the rally make sense? Or are investors now being too glib and dismissing a growing cavalcade of risks? It's increasingly looking like the latter scenario, especially when you consider that the S&P 500 is trading at nearly 23 times earnings estimates for this year, above its 10-year average forward price-to-earnings ratio of about 20. 'Not to sound like a Debbie Downer, but this is the time for investors to assess vulnerability in their portfolios," Kristina Hooper, chief market strategist with Man Group, told Barron's. 'Look at U.S. equities. There is a risk of a significant selloff. The stock market is priced for perfection," Hooper added, noting that even as earnings estimates have come down a bit lately, stocks have rebounded in the past few months. Stephen Dover, chief market strategist with Franklin Templeton, adds that the market seems to be once again buying into the idea of U.S. exceptionalism, even though a weaker dollar and the prospect of more stimulus (particularly military spending) from Germany and other European nations should boost shares of foreign companies. 'Many investors are still underweight international stocks and overweight American stocks, particularly the Magnificent Seven," Dover told Barron's, adding that 'Europe makes more sense tactically" than the U.S. market. Others note that investors are being cavalier in assuming that the situation between Iran and Israel will cool off soon, particularly after the U.S. stepped in with the bombing of Iranian nuclear sites. 'It seems markets are waiting until some sort of resolution in the Middle East," said Tavis McCourt, an institutional equity strategist with Raymond James in a report Monday. McCourt added that 'anxiety" about the possibility of oil shipments being halted in the Strait of Hormuz is a major concern. 'Increased escalation likely means short term higher oil…and mentions of 'stagflation' in the media, which can't help equities," McCourt wrote. Wall Street shouldn't assume that there will be a quick resolution to the tension in the Middle East. Nor should it dismiss the potential for inflation remaining sticker than the Fed would like for the foreseeable future. 'Tariffs here to stay as fixture of this administration's policies," Jordan Rizzuto, chief investment officer and managing partner with GammaRoad Capital Partners, told Barron's. 'We're going to have higher prices. That is depressive to economic growth but also inflationary." Rizzuto added that consumer discretionary stocks continue to lag the broader market as well, despite a recent rebound. That isn't a good sign considering that many market bulls continue to cling the notion that the American consumer will keep spending even when faced with difficult times. Simply put, the recent rally may be close to running its course. But some still see hopeful signs. Chris Hyzy, chief investment officer at Merrill and Bank of America Private Bank, acknowledged that there is 'a dark cloud hanging over the market and a lot of negativity." But he thinks profit growth could rejuvenate next year, once again led by big tech companies. The Fed could also come to the rescue later this year with more rate cuts. So all isn't lost for the bulls. It just may be a bumpy ride as economic and geopolitical fears start to pick up. Write to Paul R. La Monica at
Yahoo
6 days ago
- Business
- Yahoo
Man Group PLC : Form 8.3 - AMERICAN AXLE & MANUFACTURING HOLDINGS, INC.
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Full name of discloser: Man Group PLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree American Axle & Manufacturing Holdings, Inc. (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 23/06/2025 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state 'N/A' Offeree: Dowlais Group plc 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: USD 0.01 common Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: 831,052 0.71 (2) Cash-settled derivatives: 1,221,015 1.04 (3) Stock-settled derivatives (including options) and agreements to purchase/sell: TOTAL: 831,052 0.71 1,221,015 1.04 All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors' and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit USD 0.01 common Purchase 527 4.1000 USD USD 0.01 common Sale 5,900 4.1000 USD (b) Cash-settled derivative transactions Class of relevant security Product descriptione.g. CFD Nature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Typee.g. American, European etc. Expiry date Option money paid/ received per unit (ii) Exercise Class of relevant security Product descriptione.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealinge.g. subscription, conversion Details Price per unit (if applicable) 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state 'none' None (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NODate of disclosure: 24/06/2025 Contact name: Matthew Irwin Telephone number: +442071447255 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-06-2025
- Business
- Yahoo
World's Largest Publicly Traded Hedge Fund Enters ETF Space
Man Group, the world's largest publicly traded hedge fund manager, filed a preliminary prospectus for two active fixed-income ETFs, marking the London-based firm's first entry into exchange-traded fund distribution as alternative managers increasingly turn to ETFs for access to complex strategies. According to the June 13 filing with the Securities and Exchange Commission, the Man Active High Yield ETF and Man Active Income ETF will use active bond strategies, including derivatives, high-yield bonds, emerging markets exposure and illiquid credit investments—bringing institutional-grade bond management to everyday investors through ETFs. The move represents more than just another ETF launch in an already crowded marketplace. It signals how ETFs are evolving from their origins as simple baskets for broad market exposure into ways to deliver complex investment strategies once available only to hedge funds and large institutional investors. The Man Active High Yield ETF will invest at least 80% of net assets in high-yield securities rated below investment grade, according to the filing. The fund may invest up to 30% in securities rated below B3 by Moody's Investors Service or lower than B- by S&P Global Ratings or Fitch Ratings. The Man Active Income ETF seeks to generate current income as its primary objective, with capital growth as a secondary objective, according to the filing. The fund will invest across four primary sectors: high-yield corporate debt, investment-grade corporate debt, government and agency debt, and securitized debt. The filing reflects how ETFs have evolved from simple, index-tracking funds into vehicles for active strategies. For newer investors, this opens access to institutional-grade tools they couldn't reach before, but it also brings complexity. The filing reveals active bond management approaches from a firm known for its expertise in hedge funds. The strategies may invest in distressed securities, contingent convertible bonds and bank loans with extended settlement periods, according to the filing. Both funds are non-diversified and may use derivatives for hedging and return enhancement, including futures, options, swaps and credit-linked notes, according to the filing. GLG Partners LP serves as sub-adviser with portfolio managers Michael Scott overseeing the High Yield ETF and Jonathan Golan managing the Income ETF. Man Group reported $172.6 billion in assets under management as of March 31, according to its April trading statement. The firm saw $3.6 billion in net inflows during the first quarter despite geopolitical and economic | © Copyright 2025 All rights reserved
