New York (HedgeCo.net) – Hedge fund giant, Man Group plc., has announced the successful launch of an AHL open-ended fund in Japan, Nomura Global Trend, which has raised $1.5 billion. The fund began trading at the end of April 2011.
“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.” Peter Clarke, Chief Executive of Man, said.
Man Group is a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. Man also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes.
Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in HedgeCo.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!
