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.
The retail hedge fund market has had a slow start because the products on offer weren't really what investors in Hong Kong are looking for. Most of the products offer low volatility with low...
