Tue, May 22, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

GLG's Strategic Bond Fund goes onto Skandia platform

Tuesday, May 07, 2013
Opalesque Industry Update - GLG, the discretionary investment manager of Man Group plc (“Man”), has announced that the GLG Strategic Bond Fund (the “Fund”) is now available on the Skandia Investment Solutions platform.

Launched in November 2011, the £118 million fund ($182m), managed by Jon Mawby and Steve Roth, aims to achieve above average levels of return through income and capital appreciation. Since launch the fund has delivered a first quartile return of 22.50%.

Domiciled in the UK, the UCITS Fund has the ability to invest in government and corporate bonds, convertibles, convertible preference shares, index-linked securities, derivatives, money market instruments, deposits, and cash (or equivalents) globally.

The GLG Strategic Bond Fund is also available for investment via platforms including Cofunds, Standard Life Wrap and Transact.

Warren Shiels, Director, UK Retail at Man, said: “We are pleased the GLG Strategic Bond Fund has been added to Skandia’s platform. The fund is a key focus for us in the UK retail market and we believe its global diversification, lack of liquidity constraints and true strategic nature will continue to find favour with investors in the coming months and years.”

Press release

bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. News Briefs - Warren Buffett: Target date funds aren't the way to go, Cambridge Analytica could be reborn under a different name[more]

    Warren Buffett: Target date funds aren't the way to go Planning for retirement can be complicated and stressful. This is why target date funds - funds that are managed based on when you expect to retire - are so attractive. Over time, the balance of stocks, bonds and cash evolve automati

  2. Investing - Hedge funds hike Smurfit Kappa positions amid takeover deal hopes, Hedge fund IBV Capital digs deep to unlock long-term value in a competitive market, Eisman of 'The Big Short' fame recommends shorting Deutsche Bank[more]

    Hedge funds hike Smurfit Kappa positions amid takeover deal hopes From Irishtimes.com: Two US hedge funds, Davidson Kempner and York Capital, have accumulated a combined 4.74 per cent interest in cardboard box maker Smurfit Kappa using financial derivatives. It comes as many investors cl

  3. Foundations of hedge fund managers gave big to controversial donor-advised funds[more]

    In the world of philanthropy and tax-deductible charitable giving, the explosion of donor-advised funds has touched off intense debate. Now, there is evidence that the DAF boom is being further fuelled by hedge fund foundation money. Four of the top five foundations that gave the most to large do

  4. Study: For hedge funds, smaller is better[more]

    From Institutionalinvestor.com: The smaller the hedge fund is, the better its performance is likely to be, according to a new study. The study - "Size, Age, and the Performance Life Cycle of Hedge Funds," released April 26 - sought to determine whether a hedge fund's size and age had any effect on i

  5. Hedge fund returns rose in April for first gain since January[more]

    From Bloomberg.com: Bloomberg Hedge Fund Database shows returns flat this year - Currency strategies had the biggest monthly gain at 13% Hedge fund returns increased 0.78 percent in April, reversing two consecutive monthly declines. The swing of 134 basis points was driven by gains in all seven