GLG launches latest US UCITS fund

Mon Feb 14, 2011

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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....

ISSN: 2151-1845 / CDC10004H

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