MAN launches third fund

Anglo-Swiss financial group MAN, one of the leading alternative investment management companies in world, has recently launched a new investment product, MAN Multi-Strategy Series 6 on the international market, as well as in Romania. The minimal investment in the new MAN product is 50,000 dollars or euros, and the annual anticipated yield of the shares is 15-17% a year. The subscription is open until December 5, 2003. Regardless of the fund performance, the investors get 120% of their investment back, as guaranteed by Dutch ABN Amro Bank. The product targets the Romanian market, as well, where MAN Investments is represented by Swiss Investment Board Romania (SIBR) as of last year, which promotes the shares in MAN’s products. MAN, through SIBR, is the first company that offered the Romanian investors the possibility to buy into an alternative investment product (hedge fund) a few months ago. ZF