GLG European Strategy Goes Global

Oct 18 2013 | 1:00pm ET

GLG Partners has launched a new global version of its flagship European strategy.

The new fund is led by GLG co-founder Pierre Lagrange, Darren Hodges and Simon Savage. The three men already manage GLG's US$3 billion European Long/Short Fund, which is up 7.4% this year.

To facilitate the fund's broader focus, GLG, a unit of the Man Group, plans to hire traders and analysts with expertise in the U.S. and Asia, Bloomberg News reports. Lagrange is chairman of Man's Asia business.

The fund, which has not been announced publicly, began trading earlier this month.

The launch comes as Man seeks to roll out a variety of new products to stem asset losses from its flagship AHL strategy. Man posted its first quarterly inflow in two years in the third quarter, with most of the new money going to GLG funds.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

The Cult of Loss Aversion: A Call to Rethink Risk in Global Macro Investing

Sep 4 2014 | 5:45am ET

In the wake of a traumatic loss, whether it is financial or personal, it is just...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.