Two Years After Being Taken Into Custody, Li Yifei, Man Group Chinese Manager, Notches Big Win

For Li Yifei, Man Group’s Chinese chair, the announcement that the world’s largest publicly traded hedge fund can now conduct business in China might seem like a complete turnaround. It was a little over two years ago when she was taken into custody by Chinese authorities over market manipulation charges. But as Man Group beats the likes of Winton Capital Management, another London-based hedge fund rival that has dabbled with the idea of cracking the Chinese market, it looks to crack markets that have largely been devoid of foreign algorithmic competition.

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Man Group: One of the original systematic trend...

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