On 28th November 2016, following The Adviser Centre Monthly Review meeting on 25th November 2016, Man GLG UK Select was removed from our Recommended list.
The fund had been placed on The Adviser Centre's Recommended list because of its differentiating features compared to most peers, notably, a larger-cap bias and a very active trading approach to managing the fund.
Whilst acknowledging that this year’s market circumstances have been challenging for most active managers, we would have anticipated a better relative outcome from this fund, given that it has been a strong year for the large-cap index and also given the potential for more tactical managers to capitalise upon market movements.
As the pattern of performance has not been in keeping with our expectations, we have removed the fund from our Recommended list.
Your use of this website is subject to the terms of use set out in the website. By continuing to use our website we will assume that you are happy to receive non-privacy intrusive cookies. Please be aware that if you disable cookies some functionality on the site will not work. Read our cookies policy to find out more about our cookie use and how to disable cookies.
Alternatively, if you are not a financial professional and are seeking financial advice, you may wish to visit unbiased.co.uk to search for a financial adviser.