BusinessWeek – Man Group Plc, the world’s largest publicly traded hedge-fund manager, is for the first time marketing to individual investors in Singapore a fund which uses computer programs to identify trades in futures markets.
Singapore investors can put a minimum of S$20,000 ($15,503) in Man AHL Trend, said the London-based manager, which completed its acquisition of GLG Partners Inc. in October. AHL and other managed futures trading programs profited in 2008 as commodities such as crude oil rallied to records, and then collapsed.
