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Press Release 28 July 2021 HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 Record high funds under management ( FUM ) ¹ of $ 135.3 billion ( 31 December 2020 : $ 123.6 billion ) O Positive investment performance of $ 9.5 billion ( H1 2020 : negative $ 5.4 billion ) Net inflows of $ 1.2 billion ( H1 2020 : net outflows $ 1.2 billion ) O Positive FX translation and other movements of $ 1.0 billion ( H1 2020 : negative $ 2.8 billion ) Core earnings per share ( EPS ) ¹ increased by 246 % to 18.7 cents ( H1 2020 : 5.4 cents ) Core management fee EPS¹ increased by 51 % to 7.4 cents ( H1 2020 : 4.9 cents ) Performance fee EPS of 11.3 cents ( H1 2020 : 0.5 cents ) Statutory EPS increased to 15.8 cents ( H1 2020 : 2.6 cents ) and statutory profit before tax increased to $ 280 million ( H1 2020 : $ 55 million ) Run rate core net management fees¹ of $ 886 million at 30 June 2021 ( H1 2020 : $ 698 million ) Intention to repurchase an additional $ 100 million of shares . $ 99 million of the $ 100 million share buyback announced in September 2020 was complete at 27 July 2021 Interim dividend increased by 14 % to 5.6 cents per share ( H1 2020 : 4.9 cents per share ) Net financial assets¹ of $ 632 million ( 31 December 2020 : $ 716 million ) ● ● ● ● 1 Strong investment performance drives growth and profits O For details our alternative performance measures , please refer to pages 31-35 . Luke Ellis , Chief Executive Officer of Man Group , said : " The first half was a period of excellent growth for Man Group as we reached record funds under management , continued a trend of positive net inflows , and grew management fee profit by 51 % and total profit per share by 246 % . This growth was predominantly driven by strong investment performance for our clients , resulting in both material performance fees from our quantitative strategies and a significant uplift in management fees . " The firm's momentum continues as we enter the second half , supported by strong performance fee optionality , a high level of client engagement and a strong sales pipeline . We remain focused on investing in our talent and technology , which are the foundations of the firm and cement our sustainable competitive advantage . " 1