Equities

Managers do not think Brexit will happen

Advance from 2009 lows

Negative rates a concern for banking sector

The first quarter of 2016 saw a significant correction give way to a sustained rally as the situation in emerging markets and commodities moved from being intractable to seemingly containable, writes Man GLG's Henry Dixon.

Took over fund in April

Combined AUM of $8bn now in ABS

£11.3m profit in first year

Bought 9.81 million shares in Q1

Global commodity slump also weakens outlook

Restructure by new managers