Man GLG closes Technology fund

Managers Pearson and Burton to exit

Natalie Kenway
clock

Man GLG is closing its £200m Technology Equity fund, as managers Philip Pearson and Anthony Burton prepare to leave the group.

A spokesperson confirmed the closure and said the pair are departing later this year to pursue other opportunities. They have managed the fund since 2009. The fund currently has just under £200m in assets. Investors will be offered free switches into other Man GLG portfolios following the closure. GLG's Dixon: Miners are like tech companies in the 2000s Over the five years to 8 October, the Man GLG Technology Equity fund has returned 67.4%, compared to the IA Technology and Telecoms sector average of 69.1%, according to FE Trustnet. An number of technology funds were launched ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Stock pickers urge caution over rapid return to US equities

Stock pickers urge caution over rapid return to US equities

Quilter and Fidelity

Linus Uhlig
clock 01 July 2025 • 1 min read
Deep Dive: US equities may not have peaked but do require greater selectivity

Deep Dive: US equities may not have peaked but do require greater selectivity

Amid equity rebalancing

Linus Uhlig
clock 13 June 2025 • 4 min read
Partner Insight: Robeco Emerging Markets Equities strategy - Targeting alpha in a new world of growth

Partner Insight: Robeco Emerging Markets Equities strategy - Targeting alpha in a new world of growth

Jan de Bruijn, Director, Emerging Market Equities, Robeco
clock 06 June 2025 • 5 min read
Trustpilot