Key Takeaways
- • Man Numeric launched the Dublin-domiciled Man Numeric European Equity fund, its fifth UCITS-compliant vehicle, expanding access to its European Core strategy which has operated since 2002.
- • Man Numeric, acquired by Man Group in September 2014, manages $30.1 billion in assets as of September 2017 and has grown from $14.7 billion at the time of acquisition, demonstrating significant asset expansion post-acquisition.
- • The European Equity fund employs quantitative, bottom-up stock selection across approximately 1,300 names, targeting outperformance of the MSCI Europe Index through proprietary valuation and information flow models managed by portfolio managers Greg Bunimovich, Ori Ben-Akiva, and Mickael Nouvellon.
- • Man Numeric's UCITS expansion represents a strategic push to distribute systematic, alpha-generating strategies to European institutional and wealth advisor clients through a compliant, regulated framework.
Summary
Man Numeric, Man Group's Boston-based quantitative investment unit, accelerated its expansion into the UCITS market with the launch of the Man Numeric European Equity fund, marking the fifth Dublin-domiciled UCITS-compliant vehicle from the firm. The launch reflects Man Numeric's broader strategy to distribute its systematic investment strategies to institutional investors and wealth advisors across Europe through regulatory-compliant structures.
The European Equity fund provides investors with access to Man Numeric's European Core strategy, a fundamental quantitative approach that has operated since 2002. The strategy targets outperformance of the MSCI Europe Index through disciplined, bottom-up stock selection from a broad universe of approximately 1,300 securities. The portfolio construction process employs proprietary valuation and information flow models to identify alpha opportunities while systematically managing exposure to sector, country, and stock-specific risks.
Portfolio managers Greg Bunimovich, Ori Ben-Akiva, and Mickael Nouvellon oversee the fund's implementation. The strategy's systematic approach to risk management is designed to deliver consistent returns with controlled volatility relative to broad European equity benchmarks. Shanta Puchtler, President and CEO of Man Numeric, characterized the launch as expanding "our range of alpha-generating strategies available to European investors" and as an important element of the firm's "increasingly global and diversified offering for clients."
Man Group acquired Numeric Investors in September 2014 and has substantially grown the unit's asset base. Man Numeric managed $30.1 billion in assets as of September 2017, compared to $14.7 billion at the time of acquisition—more than doubling assets within three years. Combined with Man AHL, Man Numeric forms the core of Man Group's global quantitative platform, offering systematic strategies spanning alternative and long-only vehicles, trend-following approaches, and technical strategies across multiple geographies and asset classes.
The European Equity fund provides investors with access to Man Numeric's European Core strategy, a fundamental quantitative approach that has operated since 2002. The strategy targets outperformance of the MSCI Europe Index through disciplined, bottom-up stock selection from a broad universe of approximately 1,300 securities. The portfolio construction process employs proprietary valuation and information flow models to identify alpha opportunities while systematically managing exposure to sector, country, and stock-specific risks.
Portfolio managers Greg Bunimovich, Ori Ben-Akiva, and Mickael Nouvellon oversee the fund's implementation. The strategy's systematic approach to risk management is designed to deliver consistent returns with controlled volatility relative to broad European equity benchmarks. Shanta Puchtler, President and CEO of Man Numeric, characterized the launch as expanding "our range of alpha-generating strategies available to European investors" and as an important element of the firm's "increasingly global and diversified offering for clients."
Man Group acquired Numeric Investors in September 2014 and has substantially grown the unit's asset base. Man Numeric managed $30.1 billion in assets as of September 2017, compared to $14.7 billion at the time of acquisition—more than doubling assets within three years. Combined with Man AHL, Man Numeric forms the core of Man Group's global quantitative platform, offering systematic strategies spanning alternative and long-only vehicles, trend-following approaches, and technical strategies across multiple geographies and asset classes.
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