Hedge fund Man Investments has launched Man Vision Ltd., with structured notes investing equally in AHL, Man's flagship managed futures fund, and RMF Investment Management, the hedge fund operator's Swiss-based fund of hedge funds business targeting emerging markets and managers.
"We are seeing significant changes in world capital flows," said Peter Clarke, chief executive of Man Group plc, in a statement. "Man Vision Index Notes is an exciting gateway to access the new investment opportunities which arise. By combining AHL and RMF, Man Vision Index Notes offers access to these opportunities through a single product." The note is designed to offer high-security access to developing markets, the effect of changing demographics, climate change and future sources of energy.
AHL employs systematic, statistically based investment processes to identify inefficiencies in more than 120 markets around the world. RMF uses proprietary research to select specialist hedge fund managers in new fields to create multi-manager portfolios.
The launch of Man Vision is expected to be among the hedge fund's biggest new product launches of 2008. With a minimum investment of $50,000, the new fund will target exposure to a range of markets and investment strategies, including Asian and emerging markets, commodities, environmental and energy markets, event-driven and health care.