AHL is broadening its Hong Kong-based trading desk to cover Asia Pacific and boosting its commodity trading advisory (CTA) capability in the region, The Asset reports. The quantitative and algorithms specialist of alternative fund manager Man Group has increased the number of members in the Hong Kong team to 11 from five, covering 49 Asian markets and trading around $4 billion a day.
AHL’s trading team is getting support from local portfolio research and system implementation teams, including infrastructure and operations specialists. Additionally, the AHL Asia desk will be covering the Asian trading session, while European trading will be handled by the London team.
Click here for the story from The Asset.