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

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...