Man Group promotes Gandhi to MD
Alternative investment manager Man Group has appointed Hersh Gandhi as managing director for Asia Pacific (excluding Japan) to lead the firm's institutional and retail client business across the region.
Gandhi first joined Man Group in 2004 and has held a number of senior roles across the firm, most recently as head of Man Group's client business in Australia.
Currently, Man Group has a diverse offering in hedge funds and long only products spanning equity, credit, managed futures, convertibles, emerging markets, and multi-manager solutions across its four investment managers: Man AHL, Man FRM, Man GLG, and Man Numeric.
Gandhi's appointment will take immediate effect and sees him leading Man Group's four investment managers, as well as continuing to oversee institutional and client relationships in Australia.
"I am very excited to be leading Man Group's client business across Asia Pacific, as we continue to develop our business in this key region," Gandhi said.
Man Group CEO Emmanuel Roman said the promotion was in recognition of Gandhi's "extensive experience" and knowledge of the business built over the last 10 years.
"Over the past two years, Hersh has been successfully leading Man Group's client business in Australia, developing our presence in both the institutional and retail markets," Roman said.
"He will now assume responsibility for developing our services for clients across Asia Pacific, a region we see as extremely important to our firm."
Recommended for you
Platinum Asset Management has put its two closed-end funds under strategic review in a bid to reduce the share price discount to pre-tax NTA and maximise shareholder value.
In the latest Meet the Manager profile, Money Management speaks with Michael Skinner, founder and managing director at Blackwattle Investment Partners.
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
