Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Man GLG launches pan-European fund for Rory Powe

Man GLG launches pan-European fund for Rory Powe

Man GLG has unveiled a pan-European Ucits fund for Rory Powe.

The Dublin-domiciled Man GLG Pan-European Equity Growth fund invests across all market caps. I will hold a concentrated portfolio of 30 to 40 stocks, focusing on 'established leaders' and 'emerging leaders' investment opportunities. 

Powe is be joined on the fund by analyst and deputy portfolio manager Virginia Nordback and analyst Ivan Rachev.

Teun Johnston, chief executive officer  of Man GLG, said: 'Rory’s long and successful career investing in European companies has enabled him to hone a strategy that is both high conviction and focused on investing in Europe’s strongest companies.'

Powe (pictured) currently runs the £550 million GLG Continental European Growth fund, which he took on in 2014. The fund has returned 67.7% against FTSE World Europe ex UK which achieved 30.8% over the same time period.  


 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Rathbones' Smith on China's economic hegemony ambitions

Rathbones' Smith on China's economic hegemony ambitions

Discussing China's saving problem, Ed Smith argues that if the country opens up there will be an outflow of capital.

Play Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Read More
Wealth Manager on Twitter