Mon, Apr 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Man-GLG global macro fund’s manager, Ben-Brahim, to take early retirement

Thursday, September 13, 2012

amb
Driss Ben-Brahim
Benedicte Gravrand, Opalesque Geneva: Driss Ben-Brahim, co-Portfolio of the Man GLG global macro fund, is to retire soon. He will continue to co-manage the Fund until October 31st, 2012, and then transition to an advisory role until the end of the calendar year, according to a client release from Zenith Investment Partners. The remaining portfolio manager, Jamil Baz, will be the sole manager of the fund after Ben-Brahim’s departure.

Man Group confirmed Ben-Brahim’s early retirement to the press last week. That same week, the firm announced the hiring of PIMCO's former global head of portfolio management Sudi Mariappa. The latter will manage GLG’s absolute return fixed-income offering.

Zenith, an independent investment research provider based in Melbourne, says in today’s announcement that the Man GLG global macro fund will retain its "Highly Recommended" rating, due to the high level of confidence in Baz.

Baz joined GLG in 2008, the same year as Ben-Brahim. Before that, he was an executive vice-president with PIMCO, the fixed income manager, where he managed global portfolios.

The GLG Atlas Macro Fund, a Cayman-domiciled fund which seeks to select the best pos......................

To view our full article Click here

Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably