Man Offers UCITS AHL Fund In Singapore

Nov 1 2010 | 12:25pm ET

The Man Group has opened its flagship strategy to retail investors in Singapore.

The London-based firm is marketing its UCITS III-compliant Man AHL Trend fund in the city-state. Investors with at least S$20,000 to spare can invest in the strategy that makes up more than half of Man's assets.

"We don't expect a huge tsunami of money coming into the fund initially," Timothy Peach, head of sales for Southeast Asia, told Bloomberg News. "It is quite different from your typical mutual fund."

For one, you'll pay a lot more for it: Man AHL Trend will charge Singaporean retail investors a whopping 3% management fee and a 20% performance fee.

Peach told Bloomberg that Man is looking into extending the fund to other parts of Southeast Asia. But it took some three years to win approval in Singapore alone.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of