Man Group said it believes that a newly added operations team will give AHL faster local support for trading and enable further specialization in Asian markets.
With its expanded team of 11 staff (from five), the new trading operation in Hong Kong covers 49 Asian markets, trading around $4bn a day.
The trading team is now supported by local portfolio research and system implementation teams, including infrastructure and operations specialists.
The AHL Asia desk will cover the Asian trading session, with a seamless handover to a London team for the European open, said Man Group.
AHL CEO Tim Wong said Hong Kong is a tremendous base for their business in Asia and this expansion will help them to provide the very best trading and risk management services for clients in the region.
"We have a great network across the continent and we will continue to build relationships and explore new trading ideas through local talents," Wong said.
Man has been in Asia for over 15 years, having first established a distribution office in Hong Kong in 1995. The AHL Asia trading desk was launched in 2009.
Man also has three more offices in Asia Pacific – in Singapore, Tokyo and Sydney – and as of May 2011, 25% of Man’s global funds under management were distributed in Asia Pacific.
