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Teun Johnston
Man GLG, the discretionary investment management arm of London-listed Man Group, is tapping into the growing opportunities in European mid-cap equities with the launch of a new UCITS-compliant strategy to be run by experienced portfolio manager Moni Sternbach, who joined the firm from Cheyne Capital in January.
The Ireland-domiciled Man GLG European Mid-Cap Equity Alternative Fund aims to deliver attractive risk-adjusted returns by building a portfolio of both long and short positions mainly in European securities with a market capitalisation of between EUR 500 million and EUR 10 billion.
Sternbach, the fund's portfolio manager, joined Man GLG earlier this year after almost three years as lead manager of the Cheyne...