Man has record launch

Man Investments closes a structured product after raising a record amount.

Man Investments, formerly known as Man Investment Products, has closed the launch of the Man Multi-Strategy Series 5, according to industry sources. The fund is Man's first in the multi-strategy category to carry both income and capital bonds.

The income bond carries a coupon, which pays 2% annually for the first four years, while the capital bond gives the investor no coupon but higher target returns. The income bonds will target annualised returns of around 14% with an annualised volatility of around 9%, while the capital bond will aim for 17% return a year with a target volatility of 12%. There are no front end fees although there is a redemption penalty of...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222