Man GLG launches long/short credit multi-strategy fund

The Man GLG Credit Multi-Strategy Alternative fund, which replicates a strategy with a 20-year track record, will look to benefit from opportunities arising from "changing dynamics" in the global credit market, according to the firm. Update: Hermes launches Unconstrained Credit fund It aims to generate an absolute return over rolling three-year periods with a low correlation to equity, credit and interest rates via ten underlying credit strategies investing across Asia, Europe and the US. The underlying funds cover convertible arbitrage, long-short credit and capital structure arbitra...