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GLG European Alpha Alternative DN H GBP

Ranked 7 out of 10 in - Market Neutral over 12 months
All calculations are in GBP

Managed by

Philippe Isvy

With over 14 years' experience in portfolio management and investment research, Philippe Isvy is a portfolio manager at GLG Group. Isvy graduated from HEC Paris with a degree in Finance and began his career at CDC Securities as the Head of the Traded Options Desk. He then held positions with CPR, Merrill Lynch Private Banking and CDC Ixis Capital before becoming a fund manager and partner at Axent Capital Ltd. Isvy joined GLG in August 2003.

Pierre Valade

Pierre Valade joined GLG in 2008. Prior to this he worked at Natixis Securities for six years, two of which were as head of UK sales. Valade has also had roles with Exane in New York where he focused on stock picking in US equities and Flemings in Paris working on mergers and acquisitions. He started his career at PriceWaterhouseCoopers in 1996. Valade has a Master's in Business from EM Lyon and a Bachelor's of Business Management from Queensland University of Technology, Australia. He has also attained a Degree in Accountancy.

Objective

The fund's objective is to provide a positive absolute return for investors while maintaining a low volatility, regardless of market conditions, through stock selection and the utilising of long/short strategies. The Portfolio will invest primarily in securities of issuers in Europe or of issuers which derive a substantial part of their revenues from activities in Europe. The Portfolio will invest predominantly in common stocks and other equity and equity linked instruments of such issuers, including, without limitation, equity derivatives.

Performance

Market Neutral over : 31/07/2013 - 31/07/2014
  • Rank 7/10 Total Return
  • Rank 3/10 Standard Deviation
  • Rank 3/10 Max Drawdown
Fund Name Return
5 GLG Alpha Select Alternative DN GBP

1.7%

6 Insight - Absolute Insight Eq Market Neut S GBP

1.7%

7 GLG European Alpha Alternative DN H GBP

Currency exposure is hedged

Currency exposure is hedged

1.5%

8 MLIS Marshall Wace TOPS UCITS (Mkt Ntrl) GBP B Acc

1.2%

9 GLG European Equity Alternative IN H GBP

Currency exposure is hedged

Currency exposure is hedged

-5.6%

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 0.9% 1.8% -0.6% -0.4%
2013 6.4% 2.4% 1.9% 1.9% 0.0%
2012 3.4% 0.4% -2.0% 2.5% 2.6%
2011 1.0% 3.6% 0.0% -2.7% 0.3%
2010 2.6% 1.4% -1.8% 1.4% 1.6%
2009 5.4% 4.1% 1.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Ireland
  8. Italy
  9. Luxembourg
  10. Norway
  11. Portugal
  12. Spain
  13. Sweden
  14. Switzerland
  15. United Kingdom

Fund Info

  • Launch date30/06/2009
  • Base currencyGBP
  • ISIN IE00B4YLN745
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment0

Charges

  • Annual management2.0%
  • Initial investment5

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).