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

Delayed Flash Crash Arrest Highlights Difficulties Detecting Fraud

Apr 23 2015 | 7:19am ET

The five years it took regulators to bring high-profile charges against a UK trader...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note