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,