Fact sheet: GLG European Long Short

Fund information
Fund name
GLG European Long Short A Restricted USD
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund managers
  • Simon Savagesince 31/08/2004
  • Pierre Lagrangesince 28/09/2000
  • Neil Masonsince 30/09/2014
Fund objective
The aim of the GLG European Long-Short Fund (the ‘Fund’) is to provide investors with substantial returns primarily through long and short investments in issuers that are either domiciled or that derive a substantial part of their revenues from within Europe, or whose securities are traded in a European market.
Benchmark
  • No Specified Index
Investment style
Long/Short,Market Neutral
Investment method
Equity
Quick stats
1 Year return
0.8%
1 Year rank in sector
38/108
Sector
FO Hedge/Stru Prod - Equity
Yield
-
Fund size
£277m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
84
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Ennismore Eurpn Smallar Cos14.4%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • Currency29.5%
    International1.6%
    Europe1%
    USA0.2%
  • Currency29.5%
    Consumer Discretionary6%
    Information Technology4.6%
    Materials2.8%
    Health Care2.2%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%1.2%0.8%2.9%14.2%
Sector0.3%-0.3%0.3%-2.7%3.2%13.9%
Rank within sector-22 / 12643 / 12038 / 10842 / 7227 / 49
Quartile1st2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.4%7.8%-5.5%7.3%6%
Sector-2.2%2.7%2.5%7.1%3.9%
Rank within sector46 / 10924 / 9366 / 7444 / 6624 / 51
Quartile2nd2nd4th3rd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.79
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.4
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.41
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
5.6
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.01
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.06
Price movement
52 week high349.17
52 week low332.06
Current bid price-
Current offer price-
Current mid price347.76
Region
1Currency29.49%
2International1.6%
3Europe0.95%
4USA0.17%
Industry sector
1Currency29.49%
2Consumer Discretionary5.96%
3Information Technology4.59%
4Materials2.76%
5Health Care2.21%
6Telecommunications Utilities1.2%
7Utilities-0.19%
8Others-0.82%
9Consumer Staples-2.47%
Asset type
No data available.
Individual holdings
1SHIRE PLC2.38%
2IMPERIAL TOBACCO GROUP PLC2.37%
3DIAGEO2.11%
4EMC CORP1.86%
5MICRO FOCUS INTERNATIONAL1.86%
6ASCIANO LTD1.69%
7BHP BILLITON LTD1.65%
8RIO TINTO1.62%
9QIHOO 360 TECHNOLOGY CO LTD1.55%
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners LP
Fund type
No data available.
Fund objective
The aim of the GLG European Long-Short Fund (the ‘Fund’) is to provide investors with substantial returns primarily through long and short investments in issuers that are either domiciled or that derive a substantial part of their revenues from within Europe, or whose securities are traded in a European market.
Benchmark
  • No Specified Index
Investment style
Long/Short,Market Neutral
Investment method
Equity
Fund managers
NameSinceBiography
Simon Savage31/08/2004Simon joined GLG in 2004 and has focused on active risk management in the European Long Short portfolios. Simon graduated from Oxford University in 1990 with a BA in Physics and started his career in the quantitative aspect of equity trading and risk management, joining the equity derivatives team of Nomura. In 1994 he moved to Bear Stearns to start their European portfolio trading business, moving to Morgan Stanley in 1997 to head up their risk program operation.
Pierre Lagrange28/09/2000Pierre is a senior portfolio manager, a co-founder of GLG, and Chairman of Man Group Asia.  He has over 24 years of experience in portfolio management and investment research. In 1995 Pierre co-founded GLG Partners with overall responsibility for Global Equities, including sector long-short and long-only funds. Prior to this, Pierre worked at Goldman Sachs from 1990, where he had responsibility for managing global equity portfolios and at JP Morgan from 1985 where he worked in government bond trading. Pierre started his career at Exxon Chemicals. Pierre holds an MA in Engineering at Solvay Business School in Brussels. When GLG was acquired in October 2010 by Man, Pierre became a member of the Executive Committee of Man and in 2011 he was appointed the Chairman of Man in Asia.
Neil Mason30/09/2014
Compliance
Transparent for Swiss Tax, Reporting Fund Status
Domicile
No data available.
Fund for sale in
Belgium, Cayman Islands, Finland, United Kingdom, Luxembourg, Netherlands, Offshore, Singapore, Sweden
GLG European Long Short A Restricted USD
Initial charge5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price347.76
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLG78
GLG European Long Short A Unrestricted Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price347.4
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0Q8
GLG European Long Short C Restricted USD
Initial charge5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price285.77
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLG80
GLG European Long Short D EUR
Initial charge5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price279.5
CurrencyEUR
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLG81
GLG European Long Short D Unrestricted Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price335.47
CurrencyEUR
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0R0
GLG European Long Short G Restricted USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price257.94
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLI92
GLG European Long Short G Unrestricted Acc USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price258.52
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0R1
GLG European Long Short H Restricted USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price226.26
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLJ89
GLG European Long Short H Unrestricted Acc USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price226.23
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0R2
GLG European Long Short I Restricted EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price247.33
CurrencyEUR
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLI93
GLG European Long Short I Unrestricted Acc EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price248.63
CurrencyEUR
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0R3
GLG European Long Short J Restricted EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price214.7
CurrencyEUR
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLJ77
GLG European Long Short J Unrestricted Acc EUR
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price214.87
CurrencyEUR
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0R4
GLG European Long Short N Restricted GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price118.1
CurrencyGBP
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGLFB
GLG European Long Short N Unrestricted GBP
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price135.69
CurrencyGBP
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IUD
GLG European Long Short O Restricted USD
Initial charge5%
Annual charge2%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.22
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGLFC
Data provided by

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