Man launches high-yield fund

Man GLG has launched a global unconstrained high-yield Ucits fund which aims to deliver high income and total returns.

The Man GLG High-Yield Opportunities Fund will use a strategy that combines bottom-up fundamental credit selection with top-down thematic investment analysis.

The credit selection of the fund will form the focal point of the investment process with the thematic analysis helping shape overall portfolio allocations.

The fund will be managed by Mike Scott, who joined Man GLG from Schroders at the end of 2018, and will take a regional and sector-agnostic approach to selecting securities, typically holding 60-80 positions within the portfolio.

Scott said: “Given the starting point for the asset class coupled with a highly conducive macro back drop of sluggish growth and low inflation, I think there is the potential for a solidly positive year, particularly from the pan-European high yield market.”

©2019 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

LATEST SURVEY

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST