Man readies retail hedge fund for Hong Kong

The hedge fund behemoth believes investors want products to deliver higher returns than is currently on offer.

Man Investments, the world's largest hedge fund manager,with just under $40 billion of assets, is preparing to launch its first authorised retail hedge fund product in Hong Kong under the new regulations put forward by the Securities and Futures Commission in May 2002.

Man's Asia Pacific regional manager Matt Dillon says the product will be a diversified fund of hedge funds and is due to launch in the third quarter of this year.

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