Man Launches Capital Guaranteed Fund

Jan 29 2007 | 12:01pm ET

Hedge fund manager Man Investments today launched a capital guaranteed product based on its MGS Access portfolio.

The fund, Man MGS Access Series 2, will be offered in two bond classes, both targeting a moderate level of 8-10% annualized volatility. The USD bonds will aim for annualized returns of 13-16% and the EUR bonds will target annualized returns of 11-14%.

Only managers that are highly-rated by Man Global Strategies will be considered for inclusion in the portfolio, which is comprised of about 15 hedge funds. MGS has negotiated favorable terms with these managers, several of which are closed to new investors. These terms include increased levels of reporting, flexibility to adjust the amount of money invested with the manager, and bespoke managed accounts.

“The quality of the managers in the Access portfolio and the high level of transparency that we have into their daily operations gives us the confidence to offer such a concentrated and dynamic portfolio,” said Antoine Massad, chief executive of Man Investments Middle East. “This has allowed the structuring experts at MGS to develop a product that offers the potential for strong capital growth and diversification with the security of a capital guarantee.”


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...