GLG launches absolute return UCITS fund
26 Jul, 2013
GLG Partners has launched an absolute return UCITS fund which will invest in a range of liquid asset classes, including equities, FX, sovereign bonds, currencies, credit, rates and commodities.
The UK-domiciled GLG Total Return Fund will be managed by James Ind, while strategic calls will be made by an investment committee chaired by Jamil Baz.
The fund will be available from July 29.
This comes following Man Group’s launch with Nomura, an Asia-based investment bank, of a fixed income UCITS fund.
By Roley Thomas