Former BlackRock global equities specialist to head Man Group's Asia operations

Andrew Swan, who last week left BlackRock as head of Asia and global emerging market equities, has been announced as the new head of Asian operations for Man GLG, the Man Group's discretionary investment management engine. He will return to Australia from Hong Kong in Q3, and will look after a concentrated Long Only Asia (ex-Japan) equity strategy.

Man GLG CEO, Teun Johnston, said that they're excited to welcome Swan to the team. "We have been looking to expand our Asia offering for a number of years, but have been patient as we want to ensure that whenever we build out strategies in new areas, we do so with individuals we believe to be exceptional Portfolio Managers. Andrew is very experienced and has demonstrated real skill in managing portfolios for his clients over a number of years. We feel that he will be a good fit both within Man GLG and the broader Man Group business."

Swan said, "I am keen to return to focusing on investing for clients and Man GLG's dual focus on autonomy and collaboration, coupled with Man Group's reputation for having a culture of innovation and an exceptional technology platform, made this role a really compelling opportunity for me. I look forward to working with Teun and the team to develop the new strategy and build out a new team."

The move is part of a broader strategy by Man Group to increase their footprint in Australia. "We are delighted to be building our footprint in Australia, which is a strategically important market for the firm. Andrew already has a strong reputation throughout Asia Pacific and we look forward to introducing him to our clients across the whole region."