4 May 2011
Man Group’s successful launch of an AHL open-ended fund in Japan, Nomura Global Trend has raised $1.5 billion. The fund began trading at the end of April.
The launch boosts Man’s group wide assets to $69 billion. AHL remains the world’s biggest CTA fund with assets of around $24 billion.
“The outstanding success of this open-ended fund launch is due to its appealing and innovative structure, and the commitment and expertise of the teams at both Man and Nomura,” said Peter Clarke, chief executive of Man.
The launch boosts Man’s group wide assets to $69 billion. AHL remains the world’s biggest CTA fund with assets of around $24 billion.
