Fact sheet: Man GLG Multi Strategy

Fund information
Fund name
Man GLG Multi Strategy W USD
Fund manager company
GLG Partners LP
Fund type
Offshore Fund
Fund managers
  • David Kingsleysince 31/08/2010
  • Neil Masonsince 01/11/2013
Fund objective
The Man GLG Multi-Strategy Fund (the “Fund”) is a Fund of predominantly GLG hedge funds. The product is diversified and aims to have a low correlation to traditional asset classes. GLG manages a number of hedge and long-only funds allowing the Fund’s Investment Committee to allocate to a broad range of investment styles, geographic regions, sectors and market instruments.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Equity
Quick stats
1 Year return
-3.7%
1 Year rank in sector
79/124
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£74m (£110m last year)
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.
76
Top in this sector
Fund name1 Year
LFIS VisionPremiaOpps19.4%
Castellain Value16.6%
Avia Altus14.6%
Garraway Garr FT14.5%
Nordea 1 Alpha 1510.8%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-0.8%-3.7%-0.2%5.5%
Sector0.1%-1.6%-0.5%-1.7%3.4%6.6%
Rank within sector-34 / 14384 / 13879 / 12450 / 8345 / 68
Quartile1st3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-3.8%5%-2%4%3.8%
Sector-1.4%-0.6%5.1%1.4%1.9%
Rank within sector94 / 12714 / 10882 / 8940 / 8136 / 72
Quartile3rd1st4th2nd2nd
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.
-0.74
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.
0.68
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%.
3.76
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.
3.55
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.
-0.32
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.
0.14
Price movement
52 week high156.04
52 week low147.58
Current bid price-
Current offer price-
Current mid price150.11
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
GLG Partners
Fund manager company
GLG Partners LP
Fund type
Offshore Fund
Fund objective
The Man GLG Multi-Strategy Fund (the “Fund”) is a Fund of predominantly GLG hedge funds. The product is diversified and aims to have a low correlation to traditional asset classes. GLG manages a number of hedge and long-only funds allowing the Fund’s Investment Committee to allocate to a broad range of investment styles, geographic regions, sectors and market instruments.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Equity
Fund managers
NameSinceBiography
David Kingsley31/08/2010David Kingsley is a senior Portfolio Manager at FRM and member of FRM Capital Advisors (FCA), based in London. Since 2010 David has co-managed Man’s in-house multistrategy funds, Man GLG Multi-Strategy and GLG Global Opportunity, which seed and actively allocate client capital across selected AHL, GLG and MSS trading teams. David’s role with FCA, FRM’s hedge fund seeding business, includes a focus on deal negotiation and execution. He is also a member of FRM’s Investment Solutions group, and has been involved in the development and running of a number of Man’s commingled and customised portfolios allocating across its managed account platform. In 2012 and 2010 he was a member of Man’s corporate strategy teams that led the successful acquisitions of GLG Partners LP and FRM Holdings Ltd, conducting transaction due diligence, integration planning and implementation projects. Previously David was a Product Specialist for Man Global Strategies (MGS), one of Man’s hedge fund seeding and strategic investing businesses. Prior to joining Man Investments in 2005, he spent three years with Schroders Investment Management in London, as a Product Specialist covering Schroders’ fund of hedge funds and single manager business. His other former employers include Citibank Financial Investment in Sydney and Citigroup Global Transaction Services in London. David holds a BA (Hons) in Geography and MSc in International Management from the University of London.
Neil Mason01/11/2013
Compliance
Transparent for Swiss Tax, Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore, Singapore, United States
Man GLG Multi Strategy A USD
Initial charge5%
Annual charge1%
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 price150.93
CurrencyUSD
Price updated27/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCVH6
Man GLG Multi Strategy B EUR
Initial charge5%
Annual charge1%
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 price139.32
CurrencyEUR
Price updated27/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCVH7
Man GLG Multi Strategy C GBP
Initial charge5%
Annual charge1%
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 price155.43
CurrencyGBP
Price updated27/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCVH8
Man GLG Multi Strategy D JPY
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9044
CurrencyJPY
Price updated29/01/2010
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCVH9
Man GLG Multi Strategy E USD
Initial charge5%
Annual charge1%
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 price1329.41
CurrencyUSD
Price updated27/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCVI0
Man GLG Multi Strategy W USD
Initial charge5%
Annual charge1%
Min single investment£30,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price150.11
CurrencyUSD
Price updated27/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCVI1
Man GLG Multi Strategy X EUR
Initial charge5%
Annual charge1%
Min single investment£30,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price137.78
CurrencyEUR
Price updated27/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCVI2
Man GLG Multi Strategy Y GBP
Initial charge5%
Annual charge1%
Min single investment£30,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price158.21
CurrencyGBP
Price updated27/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCVI3
Data provided by

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