Man GLG, the discretionary investment arm of Man Group, has launched an Asian equites fund.
The Man GLG Asia Opportunities Fund is a response to client demand, according to the firm.
It will have a long-only strategy and invest in equities that are listed on Asian exchanges or earn most of its revenue from the region.
Man GLG claims that the fund will aim to produce gross returns 3-5% higher than its chosen benchmark, the MSCI all-country Asia ex-Japan net index.
The fund will be managed by Andrew Swan, head of Asia (ex-Japan).
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