Man Group has launched a multi-manager absolute return UCITS fund that is made up of Man and GLG funds.
The Man GLG Multi-Strategy fund is an open-ended fund, which offers daily dealing and has already raised more than 100 million in commitments.
Luke Ellis: chief investment officer at Man
It is designed to give both retail and institutional investors access to a complimentary portfolio of 10 to 15 Man-run UCITS funds, including industry-leading GLG and AHL strategies, as well as Mans Man Systematic Strategies, Man Convertibles and Ore Hill strategies.
An investment team, led by