New York (HedgeCo.net) – Hedge fund giant Man Group plc is establishing its presence in China with the appointment of Yifei Li as Country Chair, China. Li has 18 years of senior management experience, having successfully led the expansion of several multinational companies in China.
“This appointment signals the importance of China to Man’s future development.” Peter Clarke, Chief Executive of Man, said. “We are already extremely well represented in terms of trading, sales and distribution in Asia and expansion in China is the natural next step. Yifei Li is widely recognized in the region for her extensive experience managing multinationals’ growth in the region and we are thrilled that she will be leading Man’s drive to establish its presence there.”
“I’m thrilled to take on this role at one of the world’s leading asset management companies at a time when the financial industry is booming in China,” said Yifei Li. “Man is extremely well placed to take advantage of this trend and I look forward to leading Man’s expansion into China.”
Prior to her employment by Man, Li worked representing GLG Partners, which was acquired by Man in October 2010. She was previously Managing Director of MTV Networks Greater China and Chief Representative of Viacom China.
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