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

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note