Following The Adviser Centre Monthly Review Meeting on 29^th August 2018, Man GLG Undervalued Assets has been moved to our Established list.  Previously, the fund featured on our Recommended list.

As part of Man GLG’s on-going monitoring of liquidity and capacity, the management believes that the fund has grown to a size that brings it close to their assessment of full capacity.  As a result, the business has ceased marketing the fund actively.  Therefore, in discussion with Man GLG, and taking into consideration the increased fund size in the context of its multi-cap, contrarian value style approach, we have decided to move the fund to our Established list.

The fund is co-managed by Henry Dixon and Jack Barrat.  The team, led by Mr Dixon, has an unwavering focus upon under-appreciated value, which is determined by their assessment of a company’s ability to generate cash, or by a thorough understanding of the asset base of a business.

Our Established list features funds that have reached, or are close to reaching, full capacity in terms of their assets under management.  To see definitions of our three fund lists, Recommended, Established and Positive Watch, please click here.