LONDON -- The FTSE 100 (INDEX: ^FTSE) is having a good week, gaining another eight points to reach 5,692 and continue a recent strong run. We'll have to wait to see whether it ends the week ahead.

But the Footsie is only an aggregate of its components, and just as there are some shares beating the FTSE indexes, others are surely falling behind. We look at three shares that lost ground in morning trading today.

Heading deeper
The woes continue for Man Group (LSE: EMG.L) as its shares lost a further 3% this morning, dropping to 65.5 pence, as the market still sees no sign of a turnaround in its hedge fund performance. The shares are now down 75% since the year's high point nearly 12 months ago. Curiously, forecasts for a 20% dividend for this year persist, though earnings per share are only likely to cover about a third of that. If you buy for the dividend and it's actually paid, it'll surely hit the share price even more.

But the shares must bottom out and turn into a buying opportunity sometime -- mustn't they?

Troubled oil
Aurelian Oil & Gas
(LSE: AUL.L) shares were hammered today, falling by 21% to 11.2 pence after the firm released a disappointing operational update. Aurelian may have discovered oil in its Sosna-1 well in Poland, but the presence of brine apparently prevented oil from flowing when perforated, and the firm now needs to consider other ways of getting it out.

Aurelian shares have now slumped by 80% over the past year, and it's starting to look like a good takeover target.

Banking recruitment down
Robert Walters
(LSE: RWA.L), the firm that specializes in recruitment for the professional job market, dropped 5% to 197 pence after a second-quarter update told us that Asia-Pacific profits are 6% down due to a slump in banking sector recruitment. The firm makes half its money from the region, and as a result, overall gross profit is down 3% to 47.6 million pounds. In response, we are to expect some diversification away from the banking sector.

Forecasts for the full year were suggesting a 28% fall in EPS this year, though the latest news will warrant some revision of that.

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Alan does not own any shares mentioned in this article. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.