Man Group launches Ucits fund of hedge funds

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Man Group has launched a Ucits compliant fund of European hedge funds, run by Robin Lowe, its head of multi-manager long/short equities.

Man Long/Short Europe will invest in eight to 12 managers focused on European share markets, selected from a universe of about 300 funds. This universe will include offshore products, extending beyond the more limited range of regulated ‘Newcits' hedge funds. "It offers investors access to a broader range of offshore European long/short funds and offers a combination of balanced, active and thematic investment approaches," Man says. Mark Chambers, Man's head of sales management for Europe, says the group is "uniquely placed in terms of bringing forward top long/short talent in Euro...

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