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Monday, November 30 - 2009

Man Investments launches capital guaranteed MGS Access portfolio

  • United Arab Emirates: Monday, January 29 - 2007 at 11:08
  • PRESS RELEASE

Man Investments, the world's largest hedge fund provider, today announced the launch of a new capital guaranteed product based on its MGS Access portfolio.

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The fund, Man MGS Access Series 2 Ltd (Access), will be offered in two bond classes, both targeting a moderate level of 8-10% annualised volatility.1 The USD bonds will aim for annualised returns of 13-16% and EUR bonds will target annualised returns of 11-14%.1 Investors will also benefit from a capital guarantee from Citibank, N.A., London Branch2, and a profit lock-in feature3.

Only managers that are highly-rated by Man Global Strategies ('MGS'), a core investment manager of Man Investments, will be considered for inclusion in the portfolio, comprised of about 15 hedge funds. MGS has negotiated favourable terms with these managers, several of which are closed to new investors. These terms include increased levels of reporting, the flexibility to adjust the amount of money invested with the manager, and bespoke managed accounts.

In a managed account, MGS maintains control over client funds and receives comprehensive trading data for all its investments. This high level of transparency, supported by regular contact through a dedicated relationship management team and a strong due diligence process, allows MGS to actively manage the concentrated portfolio.

"The quality of the managers in the Access portfolio and the high level of transparency that we have into their daily operations gives us the confidence to offer such a concentrated and dynamic portfolio," said Antoine Massad, Chief Executive of Man Investments Middle East. "This has allowed the structuring experts at MGS to develop a product that offers the potential for strong capital growth and diversification with the security of a capital guarantee."

Man MGS Access Series 2 Ltd will be open for investment from 29 January 2007 to 12 March 2007.
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Notes and media contacts

1Return and volatility figures quoted are targets and are based over the life of Man MGS Access Series 2 Ltd on the performance projections of the combined investment strategies with the targeted investment exposures and market interest rates at the time of modelling and therefore may change. Performance for each class of bond may differ. 2The guarantees provided by Citibank, N.A., London Branch are in each case subject to the terms and conditions of the relevant deed of guarantee. Only bonds that are outstanding on the maturity date and that have not been redeemed prior to the maturity date will have the benefit of the relevant guarantee. Further information on the guarantees is available in the prospectus. 3On the advice of the investment manager and subject to the prior written consent of Citibank, N.A., London Branch and the terms and conditions of the relevant deed of guarantee. The profit lock-in feature will only be activated if the target investment exposure of the relevant class reaches 150% of the prevailing NAV of the relevant bond account. See the section entitled 'The Profit Lock-in Feature in the Prospectus.

For more information, please contact Randa Mazzawi at Tel: 97150 4506120 or
Basma Alwesh at Tel: 97150 6500743

About Man Investments
Man Investments, the Asset Management division of Man Group plc, is a global leader in the fast-growing alternative investments industry. It provides innovative products and tailor-made solutions to private and institutional investors. Through its core investment managers - AHL, Glenwood, Man Global Strategies and RMF - Man Investments has succeeded in developing leadership in hedge funds and has interests in other asset classes. Established in 1983, Man Investments has launched over 450 products, many of them with leading financial institutions. It manages over USD 60 billion and employs more than 1,300 people worldwide. Man Investments has key centres in London and Pfäffikon (Switzerland), and offices in Chicago, Hong Kong, the Middle East, Montevideo, Nassau, Sydney, Tokyo and Toronto.

About Man Group plc
Man Group plc is a leading global provider of alternative investment products and solutions as well as one of the world's largest futures brokers. The group employs over 4,000 people in 16 countries, with key centres in London, Pfäffikon (Switzerland), Chicago and New York. Man Group plc is listed on the London Stock Exchange (EMG.L) and is a constituent of the FTSE 100 index. Further information on Man Group can be found at www.mangroupplc.com.

Important Information
There is no guarantee of trading performance and past or projected performance is no indication of current or future performance/results

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