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Diluted earnings per share (EPS) were down 16% to 28.8 cents.
Excluding the impact of MGS sales commissions, Man's profits fell 14% to $708 million, while EPS was down 3%.
Meanwhile redemptions came in at $6 billion, with traders noting the figure appeared to be lower than peers.
Man Group also announced it was paying an interim dividend of 19.2 cents per share, which it said was maintained at the same level as the previous interim dividend.
The group chief executive of Man, Peter Clarke, said the last six months had seen unprecedented levels of turmoil in financial markets, with turbulence moving globally through most types of market.
However, he said the group's continued sales momentum and financial strength were likely to 'reinforce Man's leading position in the industry.'