We are pleased to announce the addition of the Man GLG UK Income fund to the Square Mile Academy of Funds with an A rating, and the upgrade of the Man GLG Undervalued Assets fund from A to AA. Both strategies, which are predominantly investing in the UK stock market, have been run by Henry Dixon and his team since November 2013 and are managed with a well-honed valuation focused and market-cap agnostic investment approach.

The team behind the Man GLG UK Income fund are entirely focused on uncovering out of favour opportunities in order to provide both an attractive income profile and total return for investors. We believe this is a compelling strategy, which is managed with a true emphasis on its income objectives and can complement a number of UK equity funds. As such, in our opinion, it is one worth considering by investors, especially those less concerned with how the benchmark is positioned.

The upgrade of the Man GLG Undervalued Assets fund reflects our increased conviction that this strategy will meet its outcome and performance objectives over the long term. There is a very disciplined process in place and we view this as a strong offering for investors seeking access to a high calibre UK equity manager and team.