Active investment is where there's real opportunity and excitement: Man Group CEO Robyn Grew

Market Overview & Investment Strategy - Global markets are experiencing volatility and dispersion, presenting opportunities for firms providing solutions and uncorrelated returns [2] - Diversification of portfolios is crucial for both large allocators and individual investors [3] - Active investment, as opposed to passive index investing, offers real opportunity and excitement due to dispersion in markets [6] Man Group Performance & Strategy - Man Group manages over $193 billion in assets [1] - Volatility is generally beneficial for active management, enabling the firm to capitalize on outperformance signals and data [9] - A 40% drop in first-half core profit was attributed to the asset mix and underperformance of trend-following hedge fund strategies [10] Policy & Economic Factors - US equity market resilience is notable, despite concerns about overvaluation [4] - US policy volatility has whipsawed markets, but businesses are adapting [12] - Markets have largely shrugged off concerns related to geopolitics and policy changes [15] - Data points, such as concerns about inflation and recession among US insurers, are not currently impacting the market as expected [16]