of the Year
|Man Group plc
In awarding Man Group with the Management Company of the Year award, the funds europe judges were recognising that hedge funds and hedge fund of funds are now a mainstream investment strategy. But the judges were also impressed by Man Group’s thought leadership. In 2007 Man delivered pioneering products in the fields of environmental finance, including the RMF Environment Opportunities Fund and MTM’s China Methane Fund. Man says this strategy shows very good potential return, but equally important is its ability to significantly benefit the environment by reducing harmful greenhouse gas emissions, and to capitalise on China’s urgent need for additional electricity generating capacity.
Man Group – which through its Man Investments arm is the world’s largest hedge fund provider with $68bn in AUM – has also invested in a range of academic initiatives to encourage academic innovation and excellence in alternative investments, including financing a professorship in finance at the Institute of Banking and Finance at the University of St Gallen in Switzerland. Earlier this year Man announced a £13.75m investment to establish the Oxford-Man Institute for Quantitative Finance in 2007.
The institute is designed to serve as the world’s leading centre for academic research in quantitative finance, with a particular emphasis on alternative investments.
Through this institute Man Group will develop the next generation of leading academics.
BNY Mellon Asset Management International
Click on the play button on the left to watch a video of the award presentation.
Judges acknowledged BNY Mellon Asset Management’s growth and commitment, commenting that the firm had stayed steady through the merger between The Bank of New York and Mellon Financial Corporation.
The manager has an outstanding presence in Europe and has demonstrated its commitment to expansion partly by growing its distribution to retail investors in the Iberian regions and in Italy.
Lyxor Asset Management
It was Lyxor’s commitment to providing lower cost products with a broad coverage that attracted the judges’ attention. Lyxor demonstrated a strong track record of growth and a commitment to innovation, our panel said. Since 1998 Lyxor Asset Management has asserted itself as a leading player in three businesses: structured management; alternative investments; and exchange-traded funds.
Situated off the beaten track in Stavanger, Norway, SKAGEN Funds continues to gain an increasing foothold in the European fund industry. Our judges recognised SKAGEN for managing to increase non-Norwegian assets under management by 155% over the past year, compared to the year before. The firm has recently won a number of awards and accolades from Lipper and other organisations.