Man Launches Combined Ucits Fund
Man Group has officially launched the Man GLG Multi-Strategy fund, the first Ucits fund to be launched after Man's acquisition of GLG Partners last year. The fund will give retail and institutional investors access to a portfolio of 10-15 Man-run Ucits funds. It has already raised more than €100 million in commitments.
This is the second product to come about this year as a result of the merger. In February, AHL, the quantitative investment management arm of Man, and GLG launched the structured product IP 220 GLG fund.
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