Man GLG, the discretionary investment management engine of Man Group, has announced that Andrew Swan will join the firm as Head of Asia (ex-Japan) Equities.
With more than 25 years’ experience investing in Asian and emerging markets equities, Andrew will initially be responsible for managing a concentrated Long Only Asia (ex-Japan) equity strategy. He will join the firm in mid-Q3 and will be based in Sydney, Australia. Andrew will report directly to Man GLG CEO Teun Johnston.
Andrew joins Man GLG from BlackRock, where he most recently served as Head of Asia & Global Emerging Market Fundamental Equities, managing significant client assets across multiple Asian and emerging markets equity strategies and helping to develop the firm’s investment platform in Asia. Andrew joined BlackRock in Hong Kong in 2011, before which he spent 17 years at JPMorgan in various Asia Pacific equity portfolio management and research roles. He earned a Bachelor of Commerce in Accounting and Finance from the University of New South Wales, Australia.
Teun Johnston, CEO of Man GLG, said: “We are very excited to welcome Andrew to the Man GLG 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.”
Andrew 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.”
Hersh Gandhi, Managing Director, Asia Pacific, at Man Group, added: “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.”
As at 31 December 2019, Man GLG had $31.6 billion in funds under management.