Man Group Chief Sees Hedge Fund Demand In Asia

Mar 16 2012 | 10:16am ET

The head of the world’s largest publicly traded hedge fund group sees demand for hedge funds from sovereign and institutional investors in the Asia-Pacific region.

Man Group CEO Peter Clarke told Bloomberg Television in Hong Kong that Asian sovereigns and institutions are “looking for a degree of capital protection. They’re looking for liquidity in uncertain markets. And most of them have the requirements to continue to deploy assets in markets.”

Clarke’s views are backed up by a recent survey by Preqin, a hedge fund data provider, and the Global Absolute Return Congress, which found that 37% of institutional investors in the Asia-Pacific region plan to increase allocations to hedge funds.

Clarke also told Bloomberg he sees investors taking more risks and predicted that equity long-short funds will do well as will credit and commodity-related strategies.

“This is the beginning of a significant shift from bonds into equities and other strategies,” he said.

The Man Group’s assets under management rose 1.9% in the first two months of 2012 to $59.5 billion. As of September 2011, about 25% of its global assets were raised from Asia.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...