Dow Jones – Man Group PLC said Thursday it is launching an onshore version of its AHL product, one of the largest single hedge funds with some $20 billion assets under management, in a further sign of the company’s confidence in boosting sales to private investors.
Man AHL Diversity is a managed-futures trading program, which means it follows and seeks to exploit persistent market trends. It will be managed by Man Investments, the asset management arm of Man Group, and marketed by hedge fund advisory company Dexion Capital Group.