Man Investments, one of the world’s largest hedge fund providers, has had new capital guaranteed products in its Man AP family.
Man AP Spectrum Ltd has utilized AHL Institutional Programme with a significant allocation to Bayswater, a San Francisco-based quantitative global macro manager. It also allocates capital to four Man Global Strategies style portfolios to provide added opportunities for profit and diversification.
The Bayswater Macro Programme achieved annualized returns of 14.4 percent between 1 August 2004 and 28 February 2007, while the AHL Institutional Programme generated annualized returns of 17.1 percent in the timeframe 17 October 1995 to 28 February 2007.
“We are pleased to offer investors access to Bayswater as a core component of a structured investment product for the first time,” said John Morrison, chief executive of Man Investments. “The complementary nature of AHL and Bayswater will add a new dimension to the traditional Man AP portfolio.”