Fund launches & closures

Man GLG rolls out new global bond and credit strategy

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GLG Partners, part of the London-listed Man Group, is launching a new UCITS-compliant global fixed-income and credit strategy to be managed by Christophe Akel, the manager of the firm’s GLG Corporate Bond Fund.

The new GLG Strategic Bond Fund will seek to provide an above-average level of total return through a flexible investment strategy that allows the manager unrestricted movement across the full spectrum of credit and duration.

Domiciled in the UK, the new vehicle will have the ability to invest in government and corporate bonds, convertibles, convertible preference shares, index-linked securities, derivatives, money market instruments, deposits and