Man takes advantage of GLG funds to create in-house FoHF

Man is able to leverage its access to GLG hedge fund in order to create an in-house FoHF able to offer unrivalled transparency and focused on portfolio construction and alpha generation

Access to managers plus portfolio construction gives Man in-house FoHF its edge

‘Transparency’ is one of the most oft-cited words in today’s hedge fund environment, second only, perhaps, to ‘alpha’. Although the industry is much less opaque today, in a world increasingly measured by the alpha added by managers, transparency can in itself become a key performance driver. How better to access information than by allocating to in-house funds with the underlying managers sitting metres away?

Of course ‘in-house’ implies limitations – a fund of funds can no longer select the best