GLG launches eighth UCITS hedge fund
Mon Oct 11, 2010
GLG Partners is launching a Dublin-domiciled UCITS version of its offshore multi-asset global macro fund strategy.
GLG Atlas Macro Alternative Fund is run by portfolio manager
Driss Ben-Brahim and GLG's chief investment strategist Jamil
Costa, co-head of marketing for GLG
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.
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