Man Investment Management (Shanghai), a subsidiary of British hedge fund firm Man Group, has introduced its first onshore investment fund for Chinese investors.
The fund will initially focus on listed futures such as agricultural commodities, industrial commodities, bonds, metals, energy as well as stock indices.
The vehicle will be run by Man AHL’s Shanghai-based investment team of Man AHL, the quantitative investment arm of Man Group.
Man Group China chair Yifei Li 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.”
The launch of the new strategy comes three months after the firm secured a private securities investment fund manager (PFM) licence from the Asset Management Association of China (AMAC). The licence enabled Man Investment Management (Shanghai) to develop onshore products for institutional and HNW investors.