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
Multiple industry organisations have shared their thoughts on AFCA’s proposed rules amendment, supporting the idea of firms being named publicly when they fail to comply with determinations.
Channel Capital has appointed a head of investment oversight who joins from 14 years at asset consulting firm JANA Investment Advisers.
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
