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Man Group and Schroders handed vote of confidence

The two worst performing UK asset managers in 2011 – in terms of share price – are likely to rebound during the rest of the year, according to analysts

Man Group and Schroders, which were the two worst performing UK asset managers in terms of share price during the first six months of this year, are likely to rebound during the rest of 2011, according to analysts this week.

Man Group's share price fell 24.8% over the first half of the year, making it the worst performing in the UK asset management sector. Schroders fell 17% over the same timeframe, making it the second worst performer.

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