Man Group plc is an active

investment management Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be instit ...

business listed on the London Stock Exchange. It provides a range of funds across liquid and private markets for institutional and private investors globally and is the world's largest publicly traded hedge fund company, reporting $151.4 billion in funds under management as of March 2022. The firm is headquartered at Riverbank House in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

and employs over 1,400 people in various locations worldwide.Global 50 Funds of Hedge Funds
The Hedgefund Journal, June 2009. The company was a sponsor of the

Man Booker Prize The Booker Prize, formerly known as the Booker Prize for Fiction (1969–2001) and the Man Booker Prize (2002–2019), is a literary prize awarded each year for the best novel written in English and published in the United Kingdom or Ireland. ...

from 2002 to 2019.

History

The company was founded by

James Man James Man (1755–1823) was the founder of Man Group. Biography Born in Whitechapel and apprenticed to a William Humphrey as a barrel maker, James Man decided to establish his own business as a sugar-broker in 1783. In 1784, he secured a cont ...

in 1783 as a sugar cooperage and brokerage, based in Harp Lane in

Billingsgate Billingsgate is one of the 25 Wards of the City of London. This small City Ward is situated on the north bank of the River Thames between London Bridge and Tower Bridge in the south-east of the Square Mile. The modern Ward extends south to th ...

. The following year Man Group won the contract to supply the

Royal Navy The Royal Navy (RN) is the United Kingdom's naval warfare force. Although warships were used by Kingdom of England, English and Kingdom of Scotland, Scottish kings from the early medieval period, the first major maritime engagements were foug ...

with the rum for its daily "rum tot", a tradition under which all sailors were allocated a daily rum ration. This tradition continued until 1970, with Man Group holding the contract throughout. The company further expanded from sugar and rum into other