Investments  

Man GLG fund to focus on mispriced EM stocks

Man GLG fund to focus on mispriced EM stocks

Man GLG has launched an unconstrained fund aiming to outperform the MSCI Emerging Markets Free index

The Unconstrained Emerging Equity strategy, which became available on September 1, is run by co-managers Simon Pickard and Edward Cole, who joined Man GLG from Carmignac Gestion in May this year.

The portfolio seeks to blend value, quality, momentum and macro styles to find stocks which the managers view as mispriced on a long-term cashflow-derived valuation basis, and will typically hold some 50 stocks from a universe of approximately 300.

Article continues after advert

Mr Pickard was previously head of emerging market equities at Carmignac Gestion, running its large and mid-cap global emerging markets portfolio, while Mr Cole co-managed the company’s emerging market multi-strategy fund.