Sun, May 24, 2015
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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. Opalesque Exclusive: Ovation Partners targets opportunities where few "natural lenders" participate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Changes in financial regulations post-2008 (Dodd-Frank and Basel III) are forcing banks to significantly alter their core lending businesses. And as mid-sized

 

banner