Man Group is launching a fund of hedge funds aimed at retail as well as institutional investors. Th...
Man Group is launching a fund of hedge funds aimed at retail as well as institutional investors. The group plans offers private clients access to a platform of around 70 of Man's own and external hedge funds, which it plans to double in the next 12 months. Man's Glenwood Arm will manage the platform, with chief investment officer John Rowsell in charge of selecting funds. The group's chief executive, Peter Clarke, says the launch provides private investors with transparent access to the asset class. He says: "As markets have changed, so have investor requirements for hedge fund invest...
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