GLG launches eighth UCITS hedge fund
October 11, 2010
GLG Partners is launching a Dublin-domiciled UCITS version of its offshore multi-asset global macro fund strategy.
The GLG Atlas Macro Alternative Fund is run by portfolio manager Driss Ben-Brahim and GLG’s chief investment strategist Jamil Baz.
Raffaele Costa, co-head of marketing for GLG
The fund, a sub-fund of GLG Investments VI, will employ a similar strategy to the Cayman-based GLG Atlas Macro Fund, and target an average annual net return of 10% to 15% per year with annualised volatility of 10% to 15% over time.
The full contents of this article are available to active Absolute UCITS subscribers and trialists only.
TAKE A FREE TRIAL
To continue reading please, take a free trial or subscribe to Absolute UCITS.
Subscribers have unlimited access to all current content, including UCITS fund performance Live League Tables. Start your subscription today - click on the button below.