New York – Man Group plc (“Man”) announces that its range of UCITS funds now offers a daily dealing facility.
The funds – Man AHL Trend and Man AHL Diversity – were initially launched with a weekly dealing cycle and offer retail investors access to Man’s flagship AHL strategy through an onshore, regulated format with low minimum investment requirements.
From today, Man investors will be able to buy and sell these funds on a daily basis. The funds have attracted more than $750 million in assets since the first offering was brought to market in July 2009.
Harry Skaliotis, Head of Client Portfolio Management at AHL, said: “Our UCITS range has proved hugely popular with investors looking to access AHL’s strong risk-adjusted returns and low correlation to traditional asset classes. Improving our liquidity terms means that our clients can now invest and access their capital in an even more timely fashion.”
Founded in 1987, AHL manages $22.8 billion (as of 31 March, 2011). Its flagship fund, AHL Diversified PLC, has a strong track record of performance, delivering annualised returns of 16.2% since its inception in March 1996