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BlackRock to scrap Pacific Equity after dropping below $70m
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BlackRock to close Swan s old fund after assets plummet
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BlackRock to close Asean fund after assets plummet
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Man GLG launches second fund for Andrew Swan
Ex-Blackrock vet launched a long-only Asia ex-Japan fund last October
Man GLG has launched a second fund for Asian equities heavyweight Andrew Swan six months after joining the firm from Blackrock.
The $27.3bn (£19.3bn) fund group, which is the discretionary arm of Man Group, announced Swan (pictured) would be launching Man GLG Asia Pacific (ex-Japan) Equity Alternative, a long/short fund.
This is Swan’s second fund launch since becoming Man GLG’s head of Asian equities ex-Japan last August. In October he launched the Man GLG Asia (ex-Japan) Equity fund, a high-conviction, long-only Oeic for UK investors.