Daily liquidity for Man AHL Alpha
Man Investments Australia has introduced daily liquidity for its Man AHL Alpha fund, which could previously only be traded weekly.
Man AHL Alpha is a unit trust that invests in AHL, a managed futures program owned and operated by Man in London. This is the first of Man’s AHL funds to offer daily liquidity, the manager said.
The move was in response to investor demands, according to Hersh Gandhi, head of product at Man Australia.
“In today’s financial climate, investors place a premium on investments offering diversification, transparency, regulation and liquidity,” he said.
Man manages about $6 billion in funds allocated to AHL in Australia.
Recommended for you
Wealth Data has revealed the top five licensees for financial adviser growth over the September quarter, with more than 150 advisers joining in Q3 overall.
Former Sydney financial adviser, David Valvo, has pled guilty in court to a charge of dishonest conduct.
Building a network of mentors and coaches with varied skill sets could help women achieve their career goals, according to an FBAA executive.
AMP has reported its Q3 results and provided a progress update on the divestment of its advice division to Entireti.