Hedge fund firm Man GLG – the discretionary investment arm of Man Group – has launched a long/short equity strategy primarily investing in large cap US stocks.
Managed by Mike Corcell and Alex Robarts, the fund will focus on three key areas when assessing stocks: investment cycles, changing themes, and secular trends.
The portfolio managers, who joined the firm from RWC Partners last year, will focus their research on companies with “highly transparent” business models.
Man GLG chief executive Teun Johnston said: “The US equity market remains the largest and most liquid in the world, and one that our clients want to access.”
According to Corcell, the GLG US Absolute Alpha Strategy seeks to generate risk-adjusted returns through various business cycles using bottom-up analysis.
“We are focused on aiming to mitigate risk of capital loss, and to that aim we utilize short positions to add alpha rather than simply acting as hedging strategies,” he said.
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