Launches & Closures

GLG announces tenth absolute return UCITS launch


A European long/short strategy is the tenth absolute return UCITS fund to be launched by GLG Partners since July 2009.

The alternative asset manager, which has been a subsidiary of Man Group since October 2010, has launched a UCITS version of the GLG European Long/Short strategy, the offshore version of which has a track record going all the way back to 2000.

Pierre Lagrange from GLG

For the first time, the fund offers retail investors access to the team behind the European long/short strategy.

The new fund, the GLG European Equity Alternative, is managed by Pierre Lagrange,