28 Dec 2005 16:45
Man Alternative Investments Ld28 December 2005 Man Alternative Investments Limited November 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 30 November 2005 Key Statistics -------------- Total Return -10.9% Last Month 2.0%Last Quarter 2.1%Last 12 Months 7.7%Year to Date 6.3%---------------- ---------NAV per Share GBP 0.8910Total NAV GBP 29,401,409 No. of Shares 33,000,000---------------- --------- Glenwood PortfolioNovember CommentaryResults from the Glenwood Portfolio were positive after losses were recoveredfrom the previous month. Profits were posted by the commodity & trading, eventdriven, variable equity, equity hedge and multi-strategy styles while therelative value category posted a marginal loss. Within the commodity & tradingstyle a sound performance was secured from major trends that appeared inJapanese equity markets, base metals and a number of currency sectors. Japanesebourses were among the strongest performers over the month as investors wereencouraged by strong Q3 GDP growth and indications that the domesticdeflationary period may be coming to an end. The event driven style boostedperformance as managers succeeded in generating gains from some exposures to theenergies complex while profits were driven higher on the back of strong Europeantake-over activity. Key Strategies Contributions * Key Strategies Contributions * Commodity & Trading +0.66% Multi-Strategy +0.22%Equity Hedge +0.27% Relative Value -0.03%Event Driven +0.34% Variable Equity +0.48% This information is provided by RNS The company news service from the London Stock Exchange