Thu, Jun 30, 2016
A A A
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

bc

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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.