Man Rolls Out UCITS Financials Fund

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.


In Depth

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

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

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of