11 December 2017
Man Group, the global active investment management firm, today announces the launch of its first onshore investment strategy for qualified investors in China. The new investment strategy will leverage the experience of Man AHL, Man Group’s diversified quantitative investment management business, to harness market trends across a range of liquid markets in China.
The new investment strategy is systematic trend following in its approach, and aims to be uncorrelated with traditional portfolios. Managed by Man AHL’s Shanghai-based investment professionals, the strategy seeks to identify and capture market trends across diverse liquid onshore markets, focusing initially on listed futures including agricultural commodities, industrial commodities, bonds, metals, energy and stock indices. Founded in 1987, Man AHL is a pioneer in systematic investment management, trading over 600 markets and managing assets for institutional and private clients globally.
Man Group’s first onshore investment strategy is launched by Man Investment Management (Shanghai) Co., Ltd, a Wholly Foreign-Owned Enterprise (WFOE) incorporated by Man Group in Huangpu District, Shanghai, following successful registration with the Asset Management Association of China (AMAC) as a private securities investment fund manager (PFM) in September 2017. ICBC will act as custodian to the fund, with Guotai Junan Securities providing administration and brokerage services.
Yifei Li, Chair of Man Group China, said:
“As China’s fund management industry continues to go from strength to strength, we are pleased to launch our first onshore investment strategy for qualified local investors. The strategy leverages Man AHL’s 30 years of quantitative investing expertise, combining this with our local investment capabilities to serve the needs of Chinese investors.”
Tim Wong, Chair of Man Group Asia, said:
“We are truly excited about the rapid pace of the development of China’s financial markets and the investment opportunities they represent. I am delighted that we are bringing our first onshore quantitative strategy to the market, which taps into the strength of our research and investment capabilities. We aim to deliver other innovative solutions to serve our clients’ investment needs in future.”
Man Group has $103.5 billion in funds under management1 through its five investment management businesses, and opened its China office in 2012. In 2013, the firm was included within the first cohort of alternative investment managers to be granted a quota to raise funds from qualified Chinese investors for overseas investment under the Qualified Domestic Limited Partnership (QDLP) scheme.