Friday, April 20, 2012

Man Plans Black Box Sovereign Debt Fund




The Man Group's year-old Systematic Strategies unit is readying a quantitative sovereign debt hedge fund.

The Man Systematic Fixed Income Fund will be Systematic Strategies' fourth—a quantitative commodities fund was launched last month. The unit is still working on the strategy and Man declined to project a launch date, Reuters reports.

The new fund will seek out dislocations in government bond markets, hoping to attract investors who agree with MSS's bleak outlook for the asset class.

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