Man Investments to form Canadian subsidiary |
Date: Thursday, July 6, 2006
Author: National Public Relations
New operations based in
July 6, 2006 –
Man Investments has been at the forefront of the international alternative investment industry for two decades. The firm has launched over 450 alternative investment vehicles in many countries, and manages approximately US$49.9 billion worldwide as of March 31, 2006. Based in
Man Investments Canada, led by Toreigh Stuart, Chief Executive Officer, will build a broad range of investment products to suit the private client and institutional market. The initial staff of six professionals has significant experience in the alternative investments industry. The group will cover all of
Two long-standing, senior executives of Man Investments, John M. Kelly and Richard C. Ewan, will also be a part of the new venture. Mr. Kelly, President and CEO of Man Investments Inc., based in
Mr. Kelly said
“We see exceptional opportunities in this country, with a rapidly growing appetite for our brand of products,” he said. “Man Investments has developed significant demand for its products, with approximately C$500 million raised through our successful strategic alliance with Canadian asset manager BluMont Capital Corporation. Our new operation will build on this experience and broaden the range of alternative investment products available in
Man Investments will continue a very important relationship with BluMont Capital in servicing the many investors in the BluMont Man Note products and will launch the BluMont-Man IP 220 Series 4 Notes later this month.
Man Investments Canada Corp.’s new office will be located at
For further information, please visit our website, www.maninvestments.com, or contact:
NATIONAL Public Relations,
Stephen Ledgley
416-848-1376
About Man Investments
Man Investments (“Man”), the asset management division of Man Group plc, is a global leader in the alternative investments industry. It provides innovative products and tailor-made solutions for private and institutional investors. In its core hedge fund asset class, Man offers funds of hedge funds, structured and style products. The company’s experience stretches back more than two decades and defines the standard for excellence in an industry whose central goal is to provide diversification away from traditional equity and bond investments. Man has a powerful global presence with central operations in Pfaeffikon (
About Man Group plc
Man Group plc is a leading global provider of alternative investment products and solutions and is one of the world's largest futures brokers. The Group employs over 4,000 people in 16 countries, with key centres in London, Pfaeffikon (Switzerland), Chicago, New York, Paris, Singapore and Sydney. Man Group plc is listed on the London Stock Exchange (EMG.L) and is a constituent of the FTSE 100 index. Further information on the Man Group can be found at www.mangroupplc.com.
Reproduction in whole or in part without permission is prohibited.