Man Launches Fund In Switzerland

Man Investment Products today announced that Man Fund Management Schweiz AG, a Swiss subsidiary, had launched the Man Multi Strategy CH Fund. This fund is registered under Swiss law as a fund with special risks and will target medium term

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Man Investment Products today announced that Man Fund Management Schweiz AG, a Swiss subsidiary, had launched the Man Multi-Strategy CH Fund.

This fund is registered under Swiss law as a fund with special risks and will target medium-term annualised growth of around 12%. It provides investors with access to a diversified portfolio of investment strategies implemented by a number of advisers.

Man says the ability of the Man Multi-Strategy portfolio to generate returns and protect investors’ capital during difficult market conditions for traditional assets has been highlighted by the performance of Man Multi-Strategy Guaranteed Limited, the first product in the family. As at 31 December 2002, Man Multi-Strategy Guaranteed Limited had substantially outperformed traditional investments, producing an annualised return of 13.9% since inception compared to -18.5% for world stocks and 9.2% for world bonds over the same period. 2

“The Man Multi-Strategy CH Fund offers investors access to the impressive performance potential of the Man Multi-Strategy product in an innovative open-ended product”, says Christoph Moeller, Man’s Chief Executive Officer in Switzerland. “Investors have again come to recognise the valuable diversification benefits alternative investments can offer an investment portfolio, particularly in the turbulent markets we are seeing.”

Units in Man Multi-Strategy Series CH Fund will be available for subscription from today.

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