DOCSLIB.ORG

Glg Investments Plc

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Glg Investments Plc GLG INVESTMENTS PLC GLG BALANCED GLG CAPITAL APPRECIATION GLG GLOBAL EQUITY GLG GLOBAL CONVERTIBLE UCITS GLG EUROPEAN EQUITY GLG NORTH AMERICAN EQUITY GLG JAPAN COREALPHA EQUITY GLG UK SELECT EQUITY GLG GLOBAL SUSTAINABILITY EQUITY GLG GLOBAL EMERGING MARKETS EQUITY GLG MENA EQUITY GLG EMERGING ASIA EQUITY GLG EMERGING EUROPE EQUITY GLG FRONTIER MARKETS EQUITY GLG LATIN AMERICAN EQUITY GLG GLOBAL INVESTMENT GRADE BOND (An umbrella fund with segregated liability between sub-funds incorporated as a variable capital investment company in Ireland with registered number 252520 and authorised by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011. PROSPECTUS INVESTMENT MANAGER GLG PARTNERS LP DATED 18 FEBRUARY 2013 IMPORTANT INFORMATION THIS PROSPECTUS The Directors of GLG Investments plc (“the Company”) whose names appear at page viii accept responsibility for the information contained in this document. To the best of the knowledge and belief of the Directors (who have taken all reasonable care to ensure that such is the case) the information contained in this document is in accordance with the facts and does not omit anything likely to affect the import of such information. The Directors accept responsibility accordingly. This Prospectus may be translated into other languages and such translations shall contain only the same information as this Prospectus. In the event of any inconsistency or ambiguity in relation to the meaning of any word or phrase in any translation, the English text shall prevail and all disputes as to the terms thereof shall be governed by, and construed in accordance with, the law of Ireland. INVESTOR RESPONSIBILITY Prospective investors should review this Prospectus carefully and in its entirety and consult with their legal, tax and financial advisers in relation to (i) the legal requirements within their own countries for the purchase, holding, exchange, redemption or disposal of Shares; (ii) any foreign exchange restrictions to which they are subject in their own countries in relation to the purchase, holding, exchange, redemption or disposal of Shares; and (iii) the legal, tax, financial or other consequences of subscribing for, purchasing, holding, exchanging, redeeming or disposing of Shares. Prospective investors should seek the advice of their legal, tax and financial advisers if they have any doubts regarding the contents of this Prospectus. AUTHORISATION BY THE CENTRAL BANK The Company is authorised by the Central Bank of Ireland (the “Central Bank”) as an Undertaking for Collective Investment in Transferable Securities under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. 352 of 2011). All of the current Portfolios of the Company are subject to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. 352 of 2011). The authorisation of the Company by the Central Bank shall not constitute a warranty as to the performance of the Company and the Central Bank shall not be liable for the performance or default of the Company. Authorisation of the Company by the Central Bank is not an endorsement or guarantee of the Company by the Central Bank nor is the Central Bank responsible for the contents of the Prospectus. DISTRIBUTION AND SELLING RESTRICTIONS The distribution of this Prospectus and the offering or purchase of the Shares may be restricted in certain jurisdictions. No persons receiving a copy of this Prospectus or the accompanying Application Form in any such jurisdiction may treat this Prospectus or such Application Form as constituting an invitation to them to subscribe for Shares, nor should they in any event use such Application Form, unless in the relevant jurisdiction such an invitation could lawfully be made to them and such Application Form could lawfully be used without compliance with any registration or other legal requirements. The Company qualifies as a UCITS and has been recognised by the Financial Services Authority in the United Kingdom under Section 264 of the Financial Services and Markets Act 2000. The Company may, in due course, make similar application in other EU Member States. No Shares shall be issued in the U.S. or to any U.S. Person other than to certain employees who meet the definition of a “knowledgeable employee” as defined under Rule 3c-5 of the US Investment Company Act of 1940, as amended (the “US Company Act”). 21836262.113 ii The Shares have not been, nor will they be, registered or qualified under the United States Securities Act of 1933, as amended (the "Securities Act") or any applicable securities laws of any state or other political sub divisions of the United States of America. Except with respect to Permitted U.S. Persons, the Shares may not be offered, sold, transferred or delivered directly or indirectly in the U.S. or to any U.S. Person. Any sales or transfers of Shares in violation of the foregoing shall be prohibited and treated by the Fund as void. All applicants and transferees of Shares must complete an Application Form which confirms, among other things, that a purchase or a transfer of Shares would not result in a sale or transfer to an entity which is a U.S. Person precluded from the purchase of Shares hereunder. In reliance on Section 3(c)(7) of the U.S. Investment Company Act of 1940, as amended (the "U.S. Company Act"), neither the Company nor any Portfolio will register as an investment company because any Shares sold within the U.S. will be sold on a private placement basis, to persons who are “qualified purchasers” (as defined in Section 2(a)(51) of the U.S. Company Act and the regulations thereunder) or “knowledgeable employees” as defined under Rule 3c-5 of the US Company Act. The Company does not intend to permit investments by “benefit plan investors” (as defined under Section 3(42) of the U.S. Employee Retirement Income Security Act of 1974, as amended and any regulations promulgated thereunder) to equal or exceed 25% of the aggregate Net Asset Value of any Class of Shares of a Portfolio. Notwithstanding anything to the contrary herein, each investor (and each employee, representative or other agent of such investor) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of (i) the Company or a Portfolio and (ii) any of their transactions, and all materials of any kind (including opinions or other tax analyses) that are provided to the investor relating to such tax treatment and tax structure, it being understood that “tax treatment” and “tax structure” do not include the name or identifying information of the Company, any of the Portfolios or the parties to a transaction. STOCK EXCHANGE LISTING Application has been made to the Irish Stock Exchange for the following Classes of Shares in the Portfolios of the Company (the “Applicant Shares”) to be admitted to listing on the Official List and trading on the Main Securities Market of the Irish Stock Exchange: Name of Portfolio Share Class GLG Global Equity Class “D DKK” Shares Class “D NOK” Shares Class “D SEK” Shares Class “D USD Dist” Shares Class “D H CHF” Shares Class “D H DKK” Shares Class “D H GBP” Shares Class “D H NOK” Shares Class “D H SEK” Shares Class “D H EUR Dist” Shares Class “D H GBP Dist” Shares Class “DY H EUR” Shares Class “DY H EUR Dist” Shares Class “I DKK” Shares Class “I GBP” Shares Class “I NOK” Shares Class “I SEK” Shares Class “I USD Dist” Shares Class “I H CHF” Shares Class “I H GBP” Shares Class “I H EUR Dist” Shares Class “I H GBP Dist” Shares GLG Global Convertible UCITS Class “DL H JPY” Shares Class “DL H EUR Dist” Shares Class “DL H GBP Dist” Shares Class “IL USD” Shares Class “IL H GBP” Shares 21836262.113 iii Name of Portfolio Share Class Class “IL H JPY” Shares Class “IL H GBP Dist” Shares Class “IM H GBP” Shares Class “IM H GBP Dist” Shares GLG European Equity Class “D DKK” Shares Class “D NOK” Shares Class “D SEK” Shares Class “DY EUR” Shares Class “DY EUR Dist” Shares Class “D H CHF” Shares Class “D H DKK” Shares Class “D H SEK” Shares Class “D H USD” Shares Class “I DKK” Shares Class “I NOK” Shares Class “I SEK” Shares Class “I USD” Shares Class “I H CHF” Shares Class “I H GBP” Shares GLG Global Sustainability Equity Class “D DKK” Shares Class “D NOK” Shares Class “D SEK” Shares Class “D H CHF” Shares Class “D H DKK” Shares Class “D H GBP” Shares Class “D H NOK” Shares Class “D H SEK” Shares Class “D H USD” Shares Class “I DKK” Shares Class “I EUR” Shares Class “I NOK” Shares Class “I SEK” Shares Class “I H CHF” Shares Class “I H USD” Shares GLG Japan CoreAlpha Equity Class “D DKK” Shares Class “D GBP” Shares Class “D NOK” Shares Class “D SEK” Shares Class “D H DKK” Shares Class “D H NOK” Shares Class “D H SEK” Shares Class “I DKK” Shares Class “I NOK” Shares Class “I SEK” Shares GLG Global Emerging Markets Equity Class “D DKK” Shares Class “D NOK” Shares Class “D SEK” Shares Class “D USD” Shares Class “D H CHF” Shares Class “D H DKK” Shares Class “D H EUR” Shares Class “D H GBP” Shares Class “D H NOK” Shares Class “D H SEK” Shares Class “I DKK” Shares Class “I EUR” Shares Class “I NOK” Shares Class “I SEK” Shares Class “I USD” Shares Class “I H AUD” Shares Class “I H CHF” Shares Class “I H EUR” Shares 21836262.113 iv Name of Portfolio Share Class GLG MENA Equity Class “D USD” Shares Class “D H CHF” Shares Class “D H EUR” Shares Class “D H GBP” Shares Class “I H CHF” Shares
Load more

Recommended publications
  • EUROHEDGE MEETS… PHILIPPE JABRE by WILL WAINEWRIGHT Capital Opportunities,” Says Jabre
    12 COVER FEATURE JABRE CAPITAL PARTNERS EUROHEDGE MEETS… PHILIPPE JABRE BY WILL WAINEWRIGHT capital opportunities,” says Jabre. “We are taking a long-term view, looking The founder of Jabre Capital Partners reveals a new bet on forward to bringing a seasoned ap- blockchain and gives his thoughts on the industry return of proach to investing in this relatively new field.” former recruit Greg Coffey Jabre is far from the only hedge fund veteran eyeing the impact of the new am midway through my alert for the next big trade, the Fran- technology. Brevan Howard co-found- interview with Philippe co-Lebanese manager has set his gaze er Alan Howard has made personal I Jabre when one of his in- firmly on blockchain technology and investments in cryptocurrencies and vestment staff knocks ur- its potential to disrupt established in- related businesses, while Adam Fish- gently on the door. An investment has dustries. er, a macro manager at Soros Fund hit the target share price set by Jabre “Blockchain is quite revolutionary,” Management, has internal approval to and the employee asks for advice. Ja- he says. “The market cap of all these make cryptocurrency trades, according bre – or “PJ” as he is known in the office tokens three years ago was around to Bloomberg. – flicks from interview to trading mode $5bn. It reached a high of $800bn ear- US manager Morgan Creek Capital in an instant and gives instructions. lier this year, which was extraordinary. Management bought Full Tilt, a North The moment is a brief insight into That said, I don’t think the value of the Carolina-based firm seeding crypto- Jabre’s passion for markets, which tokens is important – more the tech- currency businesses, earlier this year.
    [Show full text]
  • Tail Risk Hedging, Anyone? 36 South Capital Advisors Acorn Derivatives Management Corp
    February 2012 Newsletter Event Details The goal of the Global Volatility Summit (“GVS”) is to educate investors Date. March 6, 2012 about investing in volatility. With the approach of the third annual GVS, we felt it was appropriate to launch a newsletter continuing this mission. Details. A one day summit to educate Leading up to GVS, we have asked industry experts to discuss their thoughts investors on the universe of volatility funds and opinions on the volatility universe. This past year we have seen an and tail hedging managers and discuss the uptick in interest in various strategies available in the volatility space, market environment. namely in relative value and tail risk, and we are keen to ensure investors are kept abreast of the most recent developments in all relevant strategies. Location. Skylight Studio in Soho in New York We believe there is a volatility strategy that can be a suitable component of City. every investor's portfolio. That said, a concerted effort from the volatility community is required to continue to educate investors so they are aware Event Update of the pitfalls and benefits of various strategies available to them. Keynote speakers. We are excited to report We asked Sandy Rattray and Campbell R. Harvey from Man Group to share that General Stanley McChrystal and The their outlook for tail hedging in 2012. Honorable Rahm Emanuel (Mayor of Chicago) will be speaking at the event. Cheers, Global Volatility Summit Managers. The following managers will be speaking at the event. Tail risk hedging, anyone? 36 South Capital Advisors Acorn Derivatives Management Corp.
    [Show full text]
  • Richest Hedge Funds the World's
    THE WORLD’S DR. BROWNSTEIN’S WINNING FORMULA RICHEST PAGE 40 CANYON’S SECRET EMPIRE HEDGE PAGE 56 CASHING IN ON CHAOS FUNDS PAGE 68 February 2011 BLOOMBERG MARKETS 39 100 THE WORLD’S RICHEST HEDGE FUNDS COVER STORIES FOR 20 YEARS, DON BROWNSTEIN TAUGHT philosophy at the University of Kansas. He special- ized in metaphysics, which examines the character of reality itself. ¶ In a photo from his teaching days, he looks like a young Karl Marx, with a bushy black beard and unruly hair. That photo is now a relic standing behind the curved bird’s-eye-maple desk in Brownstein’s corner office in Stamford, Connecticut. Brownstein abandoned academia in 1989 to try to make some money. ¶ The career change paid off. Brownstein is the founder of Structured Portfolio Man- agement LLC, a company managing $2 billion in five partnerships. His flagship fund, the abstrusely named Structured Servicing Holdings LP, returned 50 percent in the first 10 months of 2010, putting him at the top of BLOOMBERG MARKETS’ list of the 100 best-performing hedge CONTINUED ON PAGE 43 DR. BROWNSTEIN’S By ANTHONY EFFINGER and KATHERINE BURTON WINNING PHOTOGRAPH BY BEN BAKER/REDUX FORMULA THE STRUCTURED PORTFOLIO MANAGEMENT FOUNDER MINE S ONCE-SHUNNED MORTGAGE BONDS FOR PROFITS. HIS FLAGSHIP FUND’S 50 PERCENT GAIN PUTS HIM AT THE TOP OF OUR ROSTER OF THE BEST-PERFORMING LARGE HEDGE FUNDS. 40 BLOOMBERG MARKETS February 2011 NO. BEST-PERFORMING 1 LARGE FUNDS Don Brownstein, left, and William Mok Structured Portfolio Management FUND: Structured Servicing Holdings 50% 2010 135% 2009 TOTAL RETURN In BLOOMBERG MARKETS’ first-ever THE 100 TOP- ranking of the top 100 large PERFORMING hedge funds, bets on mortgages, gold, emerging markets and global LARGE HEDGE FUNDS economic trends stand out.
    [Show full text]
  • GLG Financials Alternative
    GLG Financials Alternative October 2012 For institutional/professional investor and intermediary use only. Not for public distribution. © Man 2012 The Strategy Alpha vs. beta: performance correlates to sector dispersion not direction. Our clients are not taking a view on Financials GLG Financials Composite performance vs. performance of banks sector GLG Financials Composite performance vs. performance of world stocks Composite GLG Financials GLG GLG Financials Composite FinancialsGLG STOXX 600 Banks MSCI World (EUR Hedged) The strategy offers diversification within Financials but also with respect to global equities © Man 2012 3 Source: GLG Partners LP, data as at 28 September 2012, net of fees. Core strength has always been stock picking The contribution of stock selection reflects the skill of equity specialists in converting stock dispersion into excess return Alpha Beta Hedging Stock Selection represents 99% of the strategy’s Total Gross Returns Net outperformance of Aggregate return from Contribution of net Relative return of index Return from non-linear Return from non- ‘longs’ plus net relative positioning Strategy exposure products used in properties of options equity investments underperformance of within sectors (longs minus shorts) to hedging (time decay, volatility) ‘shorts’ equities © Man 2012 4 Source: GLG Partners LP. Attribution data analyses the period from 1 February 2008 to 28 September 2012. Past performance is not a reliable indicator of future results. Earnings revisions drive share price performance Strategy utilises
    [Show full text]
  • MANAGED FUTURES / CTA What a Difference a Year Makes! - a Case Paper “Your Single Access Point to the Nordic Hedge Fund Industry”
    Published March 2015 Here we go again! CTAs have been declared dead before. This time, resurrection took a little longer than usual The value of diversifying CTA portfolios Why picking a few household names may just not be enough to do the trick The Lynx Story Svante Bergström, Lynx CEO and Co-founder talks about the early days 10 Fallacies to avoid when selecting CTAs Don´t be fooled by soft factors when selecting CTAs! MANAGED FUTURES / CTA What a Difference a Year makes! - A Case Paper “your single access point to the Nordic hedge fund industry” Contact Kamran Ghalitschi CEO / Publisher Nordic Business Media AB BOX 7285 SE-103 89 Stockholm, Sweden Corporate Number: 556838-6170 VAT Number: SE-556838617001 Direct: +46 (0) 8 5333 8688 Mobile: +46 (0) 706566688 email: [email protected] www.hedgenordic.com HedgeNordic CTA Industry Report | 3 Editor´s Note: Guess who´s back? Managed Futures for many investors only had some cameo appearances on the big screens until they had their first lead role in 2008, arriving to the rescue of financial-crisis struck portfolios like superheros. Ever since though, CTAs have struggled to find an environment to match historical returns. It seemed like the industry had met its Kryptonite in markets influenced and „manipulated“ by government and central bank interventions and politically influenced monetary and fiscal policies where volatility disappeared. Let us recap: From 2000 until 2008, Futures space, why the segment lagged local managers to the oldest and largest Barclay Hedge CTA Index showed positive performance for so long, what brought it in our region and some of the most returns every single year, and in 2008 back and what the lookout for systematic recognized names in the industry.
    [Show full text]
  • EUROPEAN RENEWABLES: EQUITY RESEARCH 13 January 2010
    ler0705_renewables cover_2010 outlook_jan 10_final.qxp 12/01/2010 21:30 Page 1 EUROPEAN RENEWABLES:EUROPEAN OUTLOOK 2010 EQUITY RESEARCH 13 January 2010 EUROPEAN RENEWABLES: 2010 OUTLOOK COMING OF AGE Barclays Capital does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. This research report has been prepared in whole or in part by research analysts based outside the US who are not registered/qualified as research analysts with FINRA. PLEASE SEE ANALYST(S) CERTIFICATION(S) AND IMPORTANT DISCLOSURES BEGINNING ON PAGE 338. Barclays Capital | European Renewables: 2010 Outlook CONTENTS EXECUTIVE SUMMARY 3 EUROPEAN RENEWABLES – CONVERTIBLES 13 RECOMMENDATION CHANGES 16 RECENT COMPANY VISITS 19 EUROPEAN RENEWABLES BENCHMARKING 27 RENEWABLES HEALTH OUTLOOK 40 HISTORICAL VALUATION 44 CONCENTRATING SOLAR THERMAL 48 GLOBAL SECTOR VIEW 52 CARBON: THE EU ETS: THE ONLY WAY IS FLAT 54 APPENDIX 1: BENCHMARKING 59 APPENDIX 2: EUROPEAN RENEWABLES VALUATION MODEL 62 COMPANIES SECTION 64 13 January 2010 1 Barclays Capital | European Renewables: 2010 Outlook Summary of our Rating, Price Target and Earnings Changes in this Report (all changes are shown in bold) Company Rating Price Price Target EPS FY1 (E) EPS FY2 (E) Old New 11-Jan-10 Old New %Chg Old New %Chg Old New %Chg European Renewables: Energy Efficiency
    [Show full text]
  • Income Performance Strategy
    Income Performance Strategy Strategy Information as of 6/30/17 Strategy Overview JUNE 30, 2017 Inception Date 1/1/2009 Tactical return approach to fixed income Total Firm Assets $730 million º Seeks to take advantage of the most attractive opportunities across five primary asset classes: Number of Holdings 36 investment grade and high yield bonds, preferreds, municipal bonds, U.S. Treasuries Current Yield (ex-cash) 5.13% Fundamental credit and relative value analysis Current Yield 4.95% º Limits portfolio to < 50 positions focusing on high conviction income-producing securities with compelling risk-reward characteristics Effective Duration 0.5 years Dynamic active management Limited Capacity $2 billion º Incorporates tactical sector and duration allocations to take advantage of opportunities and avoid risks in various interest rate and market environments Risk / Return Profile* as of 6/30/17 Differentiating attributes Total Cumulative Net Return (%) 92.86 º Benchmark agnostic Annualized Return (%) 8.03 º Does not use leverage or derivatives º No exposure to emerging markets, currencies, MLPs, REITs, mortgages, structured credit, private placements Annualized Excess Return (%) 4.08 Sharpe Ratio 1.41 Performance Alpha (%) 5.00 Sortino Ratio 3.57 1/1/09 - YTD 1 Year 3 Years 5 Years 6/30/17 Information Ratio 0.76 Batting Average (%) 66.67 Bramshill Income Performance Strategy 1.52% 3.10% 4.36% 4.54% 8.03% Up Capture (%) 134.64 Barclays U.S. Aggregate Bond Index TR 2.27% -0.31% 2.48% 2.21% 3.95% Down Capture (%) 23.07 Std Dev (%) 5.49 Beta 0.73 Investment Growth Since Inception Tracking Error (%) 5.15 Strategy Managed at GLG Partners Strategy Managed at Bramshill Correlation 0.38 $2.0 *Since Strategy Inception (1/1/09); Total, Monthly Return Benchmark: Barclays U.S.
    [Show full text]
  • STRICTLY PRIVATE & CONFIDENTIAL Project Gold Man
    Acquisition of GLG by Man Group Presentation to Investors 17 May 2010 1 Disclaimer This document has been prepared solely for its use at the presentation to investors to be made on 17 May 2010 (the "Presentation") in connection with the proposed acquisition (the “Acquisition”) by Man Group plc ("Man Group") of all of the issued and to be issued shares of GLG Partners, Inc. (“GLG”). This document and the Presentation are being made available to you solely for your information in connection with the Acquisition. The information and opinions contained in this document and the Presentation do not purport to be comprehensive. This document should be read in conjunction with, and subject to, the full text of the announcement dated 17 May 2010 regarding the Acquisition (the "Announcement"). Unless otherwise indicated, terms and expressions defined in the Announcement bear the same meanings in this document. This document and the Presentation are not intended to, and do not constitute, or form part of, an offer to sell or an invitation to purchase or subscribe for any securities, or a solicitation of any vote or approval in any jurisdiction. No representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document and the Presentation is made by either Man Group or GLG and no responsibility, obligation or liability (whether direct or indirect, in contract, tort or otherwise) is accepted by it, them, their affiliates or their respective officers, employees, agents or advisers in relation to it or any other information made available in connection with the Presentation.
    [Show full text]
  • Download AIMA Journal
    The Alternative Investment Management Association’s AIMA Journal The global forum for the global hedge fund industry Cyber security for p34 hedge funds The development of the non-bank finance market p39 Benchmark reform ― for better or worse p47 Shanghai-Hong Kong Stock Connect: Understanding the issues p60 Q4 2014 www.aima.org Number 101 Contents AIMA updates From our members 5 34 Editorial: Making a difference on our Cover story: Cyber security for hedge funds members’ behalf By Matthew Martindale, Director, KPMG By Jack Inglis, CEO, AIMA 7 Q4 AIMA regulatory and tax submissions and summaries 9 Q4 regulatory, tax and policy developments 24 AIMA news in brief 25 Q4 press releases, media coverage and blog posts 28 39 AIMA events and webinars The development of the non-bank finance market in Europe and the opportunity it 77 presents for asset managers By Pat Wall, Partner – International Tax New members of AIMA Structuring, and Colin Farrell, Senior Manager – International Tax Structuring, PwC Dublin 82 Sponsoring Members and Global Partners 41 Mario Draghi, moral suasion and Eurozone banks By Ben Funnell, Portfolio Manager, Man GLG 45 Reporting under EMIR ― what lies ahead? By Ian McLelland, CEO, DTCC Derivatives Repository Ltd 47 Benchmark reform ― for better or worse By Lucy Frew, Financial Regulatory Partner, Kemp Little continued ► AIMA Journal Q4 2014 2 Contents 52 69 Big data’s impact on hedge fund investing Loan origination ― a new frontier for Irish By Heinrich Merz, Deputy Chief Investment investment funds Officer, Permal Group
    [Show full text]
  • Man Funds Plc
    EXTRACT PROSPECTUS THIS EXTRACT PROSPECTUS IS AN EXTRACT OF THE PROSPECTUS FOR SWITZERLAND ONLY AND DOES NOT CONSTITUTE A PROSPECTUS FOR THE PURPOSES OF IRISH APPLICABLE LAW MAN FUNDS PLC (An umbrella fund with segregated liability between sub-funds incorporated as a variable capital investment company in Ireland with registered number 252520 and authorised by the Central Bank of Ireland pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011, as amended. PROSPECTUS (with incorporated Addenda dated 14 October 2016 and 24 November 2016) DATED 6 MAY 2016 (AS OF 1 APRIL 2017) IMPORTANT INFORMATION THIS PROSPECTUS The Directors of Man Funds plc (“the Company”) whose names appear at page viii accept responsibility for the information contained in this document. To the best of the knowledge and belief of the Directors (who have taken all reasonable care to ensure that such is the case) the information contained in this document is in accordance with the facts and does not omit anything likely to affect the import of such information. The Directors accept responsibility accordingly. This Prospectus may be translated into other languages and such translations shall contain only the same information as this Prospectus. In the event of any inconsistency or ambiguity in relation to the meaning of any word or phrase in any translation, the English text shall prevail and all disputes as to the terms thereof shall be governed by, and construed in accordance with, the law of Ireland. THE PORTFOLIOS The Company offers a choice of Portfolios, each of which issues separate Share Classes to allow investors a choice of strategic allocation.
    [Show full text]
  • 37293 Emerging Markets Fund
    This document is solely for the use of professional clients and is not for general public distribution GLG EMERGING MARKETS STRATEGY September 2010 GLG Partners LP One Curzon Street: London: W1J 5HB: United Kingdom Tel +44 (0)20 7016 7000: Fax +44 (0) 20 7016 7200 GLG Partners Corp. 20 th Floor: 390 Park Avenue: New York: NY 10022: USA Tel +1 212 224 7200: Fax +1 212 224 7210 Agenda Overview 3 Portfolio managers 4 Team overview 5 Investment process 6 - 7 Risk management process 8 Risk management framework 9 Investment goals 10 Fund performance overview 11 We believe now is a unique time 12 Fund terms 13 GLG Emerging Markets team 15 - 18 Advantages of GLG 19 GLG risk framework 20 Valuation policy 21 Important information 22 - 26 2 Overview A macro Emerging Markets (“EM”) strategy focused primarily on liquid assets in currencies, fixed income (“FI”), credit, equity and their derivatives Monthly liquidity Experienced portfolio managers Seasoned team of eight traders/analysts with relevant regional and asset class expertise Supported by GLG Partners LP (“GLG”) platform covering infrastructure, operations and legal Dozen strong team of GLG company analysts, economists and investment strategists Strong and independent risk management framework Source: GLG Partners LP. 3 Portfolio managers Portfolio Manager, Portfolio Manager, Co-Head Global Co-Head Global Emerging Markets Emerging Markets Karim Abdel-Motaal Bart Turtelboom Karim joined GLG in September 2008 from Morgan Stanley where he was the Bart joined GLG in September 2008 from Morgan Stanley where he was the Global Co-Head of Emerging Markets. Before he moved to Morgan Stanley, Global Co-Head of Emerging Markets.
    [Show full text]
  • A Diversified Man Group
    A DIVERSIFIED MAN GROUP Man Group plc Annual Report for the year ended 31 December 2015 MAN GROUP ANNUAL REPORT 2015 This interactive pdf allows you to easily access the information that you want, whether printing, searching for a specific item or going directly to another page, section or website. Use the document controls located at the bottom of each page to navigate through this report. Use the contents to jump straight to the section you require. Search Print Search the entire Print a single page or document by keyword whole sections Return Forward/back Return back to the Next Page contents at the beginning Previous Page of the document Links Throughout this report there are links to pages, other sections and web addresses for additional information. They are recognisable by the blue underline simply click to go to the relevant page or web URL www.man.com MAN GROUP OVERVIEW EMPLOYEES Man Group is one of the world’s largest independent active investment managers, and a leader in liquid investment strategies. Headquartered in London, Man has a developed 1,230 distribution network, offices in every major financial region and FUNDS UNDER MANAGEMENT is regulated in 13 jurisdictions. Man operates an integrated (FUM) business model with all back and middle office functions, together with sales and marketing handled centrally, servicing $78.7bn our four investment engines as described below. See pages 12 to 13 for more details Man AHL (AHL) is a quantitative A pioneer in the application of Acquired by Man Group in FRM has an open architecture, investment manager with an systematic trading, AHL has 2012, Man FRM (FRM) is a full service hedge fund platform extensive history of performance been serving institutional and hedge fund investment specialist including partnership solutions, and innovation and funds under private clients since 1987 and with $12.3 billion of funds a leading managed account management of $16.9 billion.
    [Show full text]