Man GLG launches Asia fund

GSFM/Man-Group/Asia/

15 November 2022
| By Laura Dew |
image
image image
expand image

Man GLG has launched the Asia Opportunities fund in response to adviser demand for Asian equities.

The fund applied a concentrated, style-agnostic, long-only strategy that invested in equities listed in Asia or which derived their revenue from Asia.

It aimed to achieve a gross return of 3%-5% greater than its MSCI All Country Asia ex Japan Net index over rolling three to five year periods.

It would be managed by portfolio manager, Andrew Swan, who joined Man GLG in August 2020, after nine years as head of fundamental Asian equities at BlackRock.

He said: “The fund’s philosophy is to maximise long-term capital appreciation.

“We take a flexible, fundamentals-driven approach to investing to create a concentrated high conviction portfolio of 35-45 stocks from a universe of 1,200 stocks.

“This provides exposure to a broad universe of Asia ex-Japan equities that can be difficult for individual investors to access.”

He said Asia was currently experiencing minimal inflation pressure versus developed markets and there was a lower level of speculation in Asian asset prices to be unwound.

GSFM was the responsible entity and distributor of the fund in the Australian and New Zealand markets.

 

 

 

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

5 days 6 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 6 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 3 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
5