Man GLG's Dixon eyes end to UK 'pariah status' as income fund AUM doubles

Growth hit £1.8bn by end of 2020

International flows are set to return to UK equities, with an end to the country's 'pariah status' among global investors since the 2016 Brexit referendum finally in sight, according to Man GLG's Henry Dixon, whose Income fund has seen AUM double to more than £1.8bn in recent months.

Dixon, who has managed the Man GLG Income fund since joining the firm from Matterley in 2013, told Investment Week he has "absolutely no hesitation in putting money to work in this environment" amid a "multi-faceted" opportunity set for UK equities. "There is definitely a domestic opportunity, which looks very noticeable when you compare to other parts of the world, and there is a big mismatch in some of the valuations of our international-facing companies against international listed peers," he said. Man GLG's Swan eyes 'regime change' in Asia ex-Japan Equity portfolio "The valuat...