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Single-digit volatility is target of guaranteed hedge fund of funds

12-year man fund offers profit lock-in and no entry fees

A capital guaranteed fund of hedge funds was launched by Man Investments on 5 May to invest in underlying portfolios pursuing arbitrage, managed futures, directional, equity hedge and long/short equity strategies. It will not invest in distressed strategy fund managers.

James Jacklin, Man Investment's regional manager, Europe, said the management teams at Man Global Strategies adopted the policy of

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