Research house, Zenith Investment Partners has rated Man Group's Man Diversified Alternatives (DA) fund as top of its sector.
The fund received a ‘recommended' rating from Zenith and was ranked number one in the research house's 2015 Multi Strategy and Fund of Hedge Funds Sector Report.
Zenith rated 19 multi strategy funds on a range of issues including the structure of the manager's investment team, information resources, philosophy, investment process, portfolio construction and risk management.
Following the announcement that Man DA had maintained its ‘recommended' rating and topped its class, Man GLG senior portfolio manager, David Kingsley, said: "We are delighted that the Man DA fund had the highest ranking in Zenith's multi strategy category".
"Many of the strategies in the fund are ‘alternative' investment strategies, meaning they do not necessarily rely on the appreciation in value of traditional assets such as stocks, property and bonds to generate a return," he said.