Man Investments opens Singapore office

Man Investments, a London-headquartered alternative investments manager with $71 billion under management, today opened an office in Singapore. Tim Peach, head of sales for South-east Asia, will relocate from Hong Kong to lead the Singapore team.

Tim Rainsford, Hong Kong-based managing director for Asia-Pacific at Man Investments, said the move is a direct response to growing demand in Singapore and neighbouring regions for access to non-traditional investments, including hedge funds. He cited Singapore’s positive business environment and strong regulatory infrastructure as features attractive to international financial services organisations.

“Singapore is by no means a new market for us,” added Rainsford. “We have been working closely with clients in Singapore for more than 10 years. However, the growth of our business, as well as the growth of the hedge fund sector in Singapore and South-east Asia, means the time is right to set up shop there so we might serve our clients better.”

Rainsford added that more than 80% of investment from the region comes through intermediaries in Singapore.

Man Investments now has Asia-Pacific offices in Hong Kong, Singapore, Sydney and Tokyo, and serves clients in Korea and Taiwan.