Man GLG appoints co-portfolio manager of responsible investment strategy
Man GLG, the discretionary investment management business of Man Group, has appointed Louis Rieu as co-portfolio manager on Man GLG’s RI European Equity strategy. Based in London, Rieu will work alongside Mike Canfield, lead portfolio manager.
Man GLG’s RI European Equity strategy incorporates key environmental, social and governance (ESG) themes within an active, concentrated portfolio of high conviction European stocks that are leading the way with sustainable behaviours and policies. The strategy is an evolution of Man GLG’s European Equity strategy and allows the team to incorporate ESG factors and analysis to a proven research and investment process. As a dedicated responsible investment (RI) strategy operating under Man Group’s RI Fund Framework, Man GLG RI European Equity applies the firm’s requirements of enhanced ESG standards, including the RI Exclusion List, stewardship and 100% proxy voting, enriched ESG reporting, and it also benefits from the firm’s broader RI capabilities, including the Man Group ESG Analytics platform.
Rieu joins Man GLG from Lofoten Asset Management, where he worked as an equity analyst. He was responsible for in-depth research into predominantly European listed equities, and was involved in the portfolio construction and risk management of the fund. Prior to this, Louis worked briefly at Man GLG in 2013 as a research analyst within Canfield’s team. He started his career at Dresdner Kleinwort in equity Delta One sales. Rieu holds a bachelor’s degree in Biological Science from Oxford University, a master’s degree in Investment Management from Cass Business School, and is CFA qualified.
Canfield says: “We are delighted to welcome Louis back to Man GLG. He is a talented investment manager and I look forward to working with him on the RI European Equity strategy. ESG is at the heart of our investment process and, through the strategy, we seek to generate alpha by identifying companies that deliver strong financial performance as well as a real, sustainable and positive change in the world. Louis’ experience will add strength and breadth to our growing capabilities in the responsible investment space.”
Rieu says: “It is part of our duty as capital allocators to encourage more sustainable practices within the corporate world. In my experience, companies that are run well and take both environmental and social issues seriously are most likely to succeed over time. I am excited to join Man GLG and to bring the additional experiences I have gained during my time away from the business. The firm’s deep expertise and growing focus on RI make this a very compelling opportunity, and I look forward to working with Mike in this new role.”
Man GLG is a discretionary investment manager that delivers alternative and long-only investment strategies across asset classes, sectors and geographies. As a signatory of UN PRI since 2012, Man GLG is committed to a socially-responsible investment approach that combines best practices in ESG analysis with the interests and values of our clients.