Man Group, Endowus launch credit tie-up for Asia wealth clients

Singapore-based Endowus has partnered with global asset manager Man Group to offer credit investment strategies to clients in Singapore and Hong Kong. The partnership gives Endowus clients access to Man Group’s USD35bn global credit platform, spanning long-only and alternative strategies. Man Group works with institutional investors globally, including sovereign funds and pensions. Endowus Chairman Samuel Rhee said the tie-up enhances its alternatives portfolio for clients. Mark Bedford, Man Group’s global head of wealth, said Asia’s private wealth growth and rising demand for institutional-grade credit strategies present a strong opportunity. Founded in 2017, Endowus manages over USD7bn and partners with 80+ global fund managers.