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What's New In Investments, Funds? - Vontobel, Man Group
Editorial Staff
22 September 2021
Vontobel It is managed by lead portfolio manager Rory Powe, who manages more than $3 billion in European equities and co-manages the global, long-only fund Man GLG RI Global Sustainable Growth with Virginia Nordback.
, has launched a fund that takes long and short market positions, also employing a sustainable investment style.
The Man GLG RI Global Sustainable Growth Alternative, a UCITS fund, aims to provide investors with an absolute return by taking both long and short positions in equities issued by companies globally.
Using a high-conviction long portfolio of 25-45 world class companies, and a short portfolio designed to hedge market and factor risks, the fund will maintain a positive ESG bias. An element of the short book will also strive to add returns to those coming from long positions, Man Group said.