Daily liquidity for Man AHL Alpha
Man Investments Australia has introduced daily liquidity for its Man AHL Alpha fund, which could previously only be traded weekly.
Man AHL Alpha is a unit trust that invests in AHL, a managed futures program owned and operated by Man in London. This is the first of Man’s AHL funds to offer daily liquidity, the manager said.
The move was in response to investor demands, according to Hersh Gandhi, head of product at Man Australia.
“In today’s financial climate, investors place a premium on investments offering diversification, transparency, regulation and liquidity,” he said.
Man manages about $6 billion in funds allocated to AHL in Australia.
Recommended for you
ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice.
The number of active advisers on the HUB24 platform has risen to more than 5,200, helping it see quarterly inflows of $5.2 billion.
ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments.
CFS has formed a strategic partnership with the University of Sydney to support the responsible development of AI solutions in the wealth management sector.