GLG launches latest US UCITS fund
February 14, 2011
A UCITS long/short equity version of GLG’s North American Opportunity Fund has been launched.
The Irish-domiciled GLG North American Equity Alternative UCITS Fund employs a similar strategy to the Cayman-domiciled version, and targets attractive risk-adjusted returns with below-market volatility.
Raffaele Costa: GLG
It is managed by John Gisondi, head of North American equities for GLG.
Focusing on liquid mid-to-large cap stocks, the UCITS fund utilises a bottom-up stock selection process to identify non-consensus ideas....
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