Man Group plc (“Man”) announces that its range of UCITS funds now offers a daily dealing facility.
The funds - Man AHL Trend and Man AHL Diversity – were initially launched with a weekly dealing cycle and offer retail investors access to Man’s flagship AHL strategy through an onshore, regulated format with low minimum investment requirements.
From today, Man investors will be able to buy and sell these funds on a daily basis.
The funds have attracted more than $750 million in assets since the first offering was brought to market in July 2009.
Harry Skaliotis, Head of Client Portfolio Management at AHL, said: “Our UCITS range has proved hugely popular with investors looking to access AHL’s strong risk-adjusted returns and low correlation to traditional asset classes. Improving our liquidity terms means that our clients can now invest and access their capital in an even more timely fashion.”
Founded in 1987, AHL manages $22.8 billion (as of 31 March, 2011). Its flagship fund, AHL Diversified PLC, has a strong track record of performance, delivering annualised returns of 16.2% since its inception in March 1996.
For further information please go to www.maninvestments.com or contact:
Enquiries
David Waller
Head of Media Relations
+44 (0)20 7144 2121
david.waller@man.com
Stephen White
Senior PR Officer
+44 (0)20 7144 3886
stephen.white@man.com
Maitland (PR adviser to Man)
Andrea Coleman
+ (0)20 7395 0420
acoleman@maitland.co.uk
About Man
Man is a world-leading alternative investment management business. It has expertise in a wide range of liquid investment styles including managed futures, equity, credit and convertibles, emerging markets, global macro and multi-manager, combined with powerful product structuring, distribution and client service capabilities. Man manages $69.0 billion.
The original business was founded in 1783. Today, Man Group plc is listed on the London Stock Exchange and is a member of the FTSE 100 Index with a market capitalisation of £4.8 billion.
Man is a member of the Dow Jones Sustainability World Index and the FTSE4Good Index. Man also supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes. Further information can be found at www.mangroupplc.com.
