The closure of the strategy follows GLG’s shift to reorganise its emerging market portfolio management activities.
Man Investments is providing $150 million in proprietary capital to subsidiary GLG Partners' first Asia-focused hedge fund strategy, and expresses optimism over institutional interest in alternatives.
Hedge fund veterans join a regional team that aims to replicate GLG’s success in European long/short equity funds.
Alternative investment manager Pierre Lagrange explains GLG’s approach to tackling and trading Europe.
The hedge fund will transfer traders and analysts from the US and Europe, while also hire locally.