Man GLG, the discretionary investment management business of Man Group, has appointed Louise Pugh as a portfolio manager for its European Mid-Cap Equity strategy.
Pugh will continue to report to Moni Sternbach, strategy portfolio manager and Head of European Mid-Cap Equities.
Pugh joined Man GLG in 2015 as an analyst for the European Mid-Cap Equity strategy. Previously, she spent five years at Newton Investment Management, where she covered a thematic and value orientated stock picking strategy.
The European Mid-Cap Equity strategy aims to generate positive returns through long and short investments in European mid-cap equities. It employs a disciplined investment process which aims to capitalise on information and analytical advantages, and generate alpha opportunities from an under-researched European mid-cap equity sector.
Man GLG also announces the appointment of Brentley Campbell as an analyst within the European Mid-Cap Equities team, working alongside Sternbach and Pugh.
Moni Sternbach, Head of European Mid-Cap Equities and Portfolio Manager, says: “I am delighted to congratulate Louise on her new role as portfolio manager. This promotion reflects the significant contribution Louise has made to our investment strategy in recent years and the breadth of responsibilities she has undertaken. As we look forward to 2018 and the adoption of MiFID II, we expect an overall reduction in research payments and analyst coverage to increase the inefficiencies in the European mid-cap equity market segment and thus the potential opportunities to generate alpha.”
