On February 27, 2025, at 3:30 AM ET, Man Group Plc (OTCPK:MNGPF) hosted its Q4 2024 Results Conference Call. The call featured key figures from the company, including our CEO, Robyn Grew, and CFO, Antoine Forterre. Also joining the conversation were analysts Angeliki Bairaktari from JPMorgan and Mike Sanderson from Barclays.
Kicking off the call, Robyn Grew warmly welcomed everyone and introduced herself as the CEO. She outlined how the session would proceed: first highlighting key points before handing over to Antoine Forterre, who would delve into the financial figures. Following this, Robyn aimed to update everyone on the strides made over the past year in alignment with our strategic goals.
Looking back, it’s hard to believe that it’s been five years since the onset of the COVID-19 pandemic. It feels as though each subsequent year has thrown its share of curveballs, and 2024 kept up this trend. This year, U.S. exceptionalism stole the show globally. Equity markets thrived as optimism about a potential soft landing for the U.S. economy took hold, buoyed by a booming AI sector and supportive business policies under Trump.
In contrast, the fixed income and currency markets didn’t have it so easy, facing bouts of volatility and turbulence. The Federal Reserve cut interest rates three times, yet ongoing inflation and fluctuating forecasts around monetary policy eased kept investors on their toes. Commodity markets, meanwhile, were heavily influenced by geopolitical factors and shifting supply and demand dynamics. Energy markets, in particular, saw wild fluctuations driven by both regional tensions and hopes for peace in the Middle East and Europe, alongside shaky supply chains and concerns over China’s economic health. Additionally, elections in more than 60 nations contributed to the prevailing market uncertainty.
Despite these challenges, I am thrilled to report robust financial results for 2024. These achievements underscore our successful efforts in broadening our business scope, along with our dedication to collaborating with seasoned investors to tackle complex issues. This success is a testament to the exceptional quality of our team, our advanced technology, and our strong institutional foundations.
