Launch of New Investment Fund
The worldwide investment managerial firm Man Group Plc., recently established the Man Commodities Fund with $50 million of seed assets. The new fund will be giving investors the opportunity to access global commodities markets in a UCITS format. Developed by Man Systematic Strategies, this will help those investors who are seeking to expand portfolios. Since there is set to be an increase in commodity investments this year (which could even escalate to $30-40 billion because of strong investor interest), there is a greater potential for higher returns in many industries.
This is newsworthy for investment managers such as Corey Ribotsky, founder and managing member of a highly specialized investment management firm.