Friday, 19 December 2014
Last updated 9 hours ago
Apr 2 2012 | 2:18pm ET
The Man Group has launched a UCITS III-compliant version of GLG Partners' financials hedge fund.
Like the fund on which it is based, the GLG Financials Alternative Fund will be run by David Sanders and Stephen Holliday. The UCITS fund comes just in time to profit from the capital requirements of the sector, which Sanders says will see a lot of capital-raisings, initial public offerings and government stake sales.
"Our strong in-house expertise and analysis provides us with the tools to identify opportunities in a sector where there are relatively few specialists," Sanders told FundWeb. "This has enabled us to outperform, with a market-neutral approach, in what has been a turbulent market."
The existing financials hedge fund is up 4.31% through February. The UCITS version has a minimum investment requirement of just £1,000.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.