Man Investments Middle East, an alternative asset manager, has launched Man Synergy, a product which offers access to a combination of long/short equity managers and the AHL Diversified program.
According to the company, Man Synergy can be accessed through a choice of structures: either capital guaranteed bonds or income bonds.
The income bonds offer a coupon payment of 7% per annum and the capital guarantee provided by Credit Suisse International secures 100% of initial capital at maturity.
Man Investments Middle East CEO Patrick Merville said that the Man Synergy has been designed to meet investor demand in the current environment. Investors are concerned about the sustainability of a market recovery in the face of sovereign default fears and unsustainable government deficit levels.
“Whether this uncertainty continues or the probability of prolonged economic recovery increases, they are now looking for investments that are capable of delivering robust returns over the long term as well as improving crucial downside protection during difficult market conditions,” Merville said.