Man Group has launched a multi-strategy fund investing across a range of its own funds, and those of its subsidiaries including recently acquired GLG Partners.
The Man GLG Multi-Strategy fund is an open-ended UCITS fund buying into 10-15 underlying portfolios offered by Man and its subsidiaries, which also includes AHL. It will be managed by Luke Ellis, chief investment officer of Man's MM division. The management team will actively allocate to the strategies and group them into three core portfolio components - equity long/short strategies (50%-80%), risk seeking strategies (10%-35%) and diversifying strategies (5%-25%). Ellis said: "This multi-strategy UCITS fund incorporates the best investment talent from both GLG and AHL teams, with ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
