Well they certainly are not looking at AHL. 8 from 15 funds are now in negative territory for 2015 YTD after a great performance for 2014 showing gains of between 26 and 31%. So, it seems AHL functions well only on rising markets and collapses once markets decline. Ergo, it is still the millstone round Man's ( and our) necks.
Me too!! I bought in several years ago at a price which would have you helpless with laughter!! Should have bailed out at 217p and taken the hit as I can't see Man reaching that SP again on present showing especially as AHL has faltered badly after seemingly being on the recovery trail in 2014.
Couldn't agree more+ frustrating. I think these guys have lost the plot especially on AHL. It had a dazzling year in 2014 when markets were ascending rapidly, but the recent downturn has shown it to be what it is-just an investment fund, no more no less, AND still a drag on Man's fortunes despite the efforts of Manny and His Merry Men
Not a lot to add to bunks & berkley. they are spot on, for anyone new or newish who is interested in this share. When Manny's GLG merged with EMG I believe he was given a substantial amount of shares at a value of 2.70p or so. Therefore,Manny was affected by the 'big dive' in SP and it would seem the EMG still has to improve a lot more to satisfy his break even amount. Not sure if he has traded in the meantime. I agree AHL has always wobbled during time of volatility. With the YEN as well as the the Greek saga.
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