Man Group Beefs Up Asia Investment Team

Sep 19 2011 | 9:26am ET

The Man Group, the world’s largest hedge fund, has appointed David Mercurio as head of Asia equity and co-head of global equity strategies.

Mercurio, who has 17 years of investment experience, comes to the Man Group from the Government of Singapore Investment Corp where he was a senior portfolio manager. He joined GIC in 2001 from Bankers Trust Australia. Mercurio has experience across both corporate finance and buy-side investment roles.

In his new role, Mercurio will operate chiefly out of Man’s Hong Kong office, reporting to Pierre Lagrange, senior managing director of GLG and executive committee member at Man. Lagrange takes on the role of chairman of Man Asia.

Said Man CEO Peter Clarke: “These appointments signal the importance of Asia to the future development of Man. We are already extremely well represented in terms of trading, sales and distribution in Asia and we are determined to increase our investment management capabilities in the region, specifically in China."

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