In the first half of April 2025, the London-based management company Man Group Plc $EMG.L encountered significant losses, as reported in their recent statement. The assets under management declined by $5.6 billion, attributed to market upheavals driven by U.S. President Donald Trump’s tariff policies. This article will explore the causes of the asset reduction, the impact on stocks, and the state of financial markets.

Recent reports in Bloomberg News have highlighted the remarkable earnings of Blackstone's CEO, Steve Schwarzman $BX, underscoring his pivotal role in shaping the firm’s success as a financial heavyweight with assets under management exceeding US$1.1 trillion.