Man GLG, the investment management arm of Man Group, has set up a fund investing in Asian equities ex-Japan.
Adopting a long-only approach, the Man GL Asia (ex-Japan) Equity fund is “high conviction” with an active share of at least 70%, and is composed of around 35-45 positions across all market-caps, with a preference for mid-cap companies over time, the firm said.
Led by Andrew Swan, Man GLG’s head of Asia equities (ex-Japan), the fund will employ bottom-up analysis and run sector or country weights to +/-20% versus the MSCI Asia Ex-Japan Index.
Swan said: “Equity markets in the Asia region represent significant opportunities for stock picking and alpha generation.
“Many of the largest emerging market economies in Asia have undergone significant structural improvements over the last two decades and these, coupled with high levels of GDP growth, have provided fertile ground for companies to prosper.”
© 2020 funds europe
