Man Offers UCITS Fund Of European Hedge Funds

Sep 29 2010 | 12:56pm ET

The Man Group has launched a UCITS III-compliant European fund of hedge funds.

The new Man Long/Short Europe fund will feature between eight and 12 underlying managers. The fund of funds itself will be managed by Robin Lowe, head of multi-manager long/short equities at the firm.

Man is “uniquely placed in terms of bringing forward top long/short talent in Europe and offering investors access to a breadth of funds which would be unavailable in the UCITS III universe alone,” Mark Chambers, head of sales management for Europe, said.

The new fund charges 1.5% for management and 10% for performance, with a €1,000 minimum investment requirement and weekly liquidity. RBC Dexia was named administrator and custodian.

The long/short Europe fund is Man’s second UCITS hedge fund. It launched a regulator-friendly version of its flagship AHL strategy last year.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note