Old Mutual Asset Managers plans to launch a long/short UCITS fund in the fourth quarter of this year, subject to appropriate approvals.
The Old Mutual UK Opportunities Fund will be managed by Simon Murphy, head of OMAM’s UK large cap team and manager of the Old Mutual UK Select Equity Fund. Investing across the market cap spectrum, it aims to deliver positive returns over an investment cycle, of three to five years, via a combination of top-down macro/market views and fundamental bottom-up analysis.
Simon Murphy from Old Mutual Asset Managers
Central to the fund’s offering is variable