23rd Feb 2006 16:40
Man Alternative Investments Ld23 February 2006 Man Alternative Investments Limited January 2005 Investment ObjectiveGenerate strong and consistent capital growth over the long-term in sterlingterms with low volatility by allocating assets to managers who trade indiversified markets implementing a broad range of fundamental, technical,systematic and discretionary strategies. Track Record: From inception on 24 May 2001 to 31 January 2005 ------------------------ Key Statistics ------------------------ ---------------- ---------Total Return -5.0% Last Month 4.0%Last Quarter 8.8%Last 12 Months 13.4%Year to Date 4.0%---------------- ---------NAV per Share GBP 0.9499Total NAV GBP 31,347,874 No. of Shares 33,000,000---------------- --------- Glenwood PortfolioJanuary CommentaryThe Glenwood Portfolio enjoyed a profitable start to the year as the commodity &trading, variable equity and event driven styles boosted performance. Furtherprofits were generated by the equity hedge and multi-strategy style while therelative value category posted a flat return. The majority of equity indicesfinished up over the month, although the Tokyo Stock Exchange was forced toclose prematurely after allegations of irregularities at Livedoor, a Japaneseinternet company, prompted a brief sell-off in Japanese markets. Major trendscontinued in the energy, base metals and soft commodities markets enablingmanagers to extract fruitful returns for the commodity & trading category.Variable equity managers succeeded in trades in commodity linked equities whileexposures to technology and financial companies in Europe and Asia also provedbeneficial to returns. Elsewhere, the event driven strategy led returns higheras managers secured profits from trends and volatility which emerged from thecommodity sector. In addition a healthy level of mergers and acquisitions and arally in high yield markets enabled managers to post a profit in January. Key Strategies Contributions * Key Strategies Contributions * Commodity & Trading +1.37% Multi-Strategy +0.53%Equity Hedge +0.56% Relative Value +0.03%Event Driven +0.57% Variable Equity +0.74% This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MAIL.L