Wed, Nov 25, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Man appoints Yifei Li as country chair for China

Monday, November 07, 2011

Yifei Li
Opalesque Industry Update - Man Group plc (Man), today announces a significant step in establishing its presence in China, with the appointment of Yifei Li as Country Chair, China. Li has 18 years of senior management experience, having successfully led the expansion of several multinational companies in China.

Peter Clarke, Chief Executive of Man, said: This appointment signals the importance of China to Mans future development. We are already extremely well represented in terms of trading, sales and distribution in Asia and expansion in China is the natural next step. Yifei Li is widely recognized in the region for her extensive experience managing multinationals growth in the region and we are thrilled that she will be leading Mans drive to establish its presence there.

Pierre Lagrange, Chairman of Man Asia said: "Yifei Li brings a unique blend of global expertise and local knowledge to the role, which should stand us in excellent stead to take advantage of the growing investment management market in China. At Man and GLG we have a long history of investing in China and I am confident that Yifei will successfully deliver our goal of expanding in the region. Her prior experience representing GLG also means she has an excellent understanding of the investment management industry.

Yifei Li said: "Im thrilled to take on this role at one of the worlds leading asset management companies at a time when the financial industry is booming in China," said Yifei Li. Man is extremely well placed to take advantage of this trend and I look forward to leading Mans expansion into China. Prior to her employment by Man, Li worked representing GLG Partners, which was acquired by Man in October 2010. She was previously Managing Director of MTV Networks Greater China and Chief Representative of Viacom China.

Man has been in Asia for over 15 years, having first established a distribution office in Hong Kong in 1995. It now has extensive resources in Asia, with offices in Hong Kong, Tokyo, Singapore, and Sydney. As of end September 2011, 23 percent of Man's global funds under management came from Asia. GLG has a 16-year history of investing in Asia and gained a trading license in Hong Kong in 2010.Source

Press release


What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. Investing - BlackRock targets ETF investors with flexible currency hedging, Nelson Peltz bets on General Electric Company and Mondelez International, Apple plummets to 4th place among hedge holdings, from No. 1, Top Q3 equity purchases and sales of top 50 hedge funds[more]

    BlackRock targets ETF investors with flexible currency hedging From BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility. After stressing the easy switch between hedged and unhedged ET

  3. Chicago-based Achievement A. M. is shutting down hedge fund following losses[more]

    Komfie Manalo, Opalesque Asia for New Managers: Achievement Asset Management, a Chicago-based hedge fund firm, has announced it is closing down its hedge fund operation following losses on energy market bets this ye

  4. Lyxor Hedge Fund Index up 0.1% (+0.4% YTD) as global macro and CTAs outperform[more]

    Komfie Manalo, Opalesque Asia for New Managers: Global macro and CTAs outperformed the hedge fund space and delivered positive returns last week amidst difficult market conditions, with the Lyxor Hedge Fund Index up

  5. BlackRock is shutting down its Global Ascent macro fund[more]

    Komfie Manalo, Opalesque Asia: BlackRock, the world’s largest asset manager, has announced plans to shut down a macro fund, Global Ascent Fund, because of "headwinds facing the industry". The hedge fund, which makes bets on stock, bond and currency markets, will return money to investors. Ac