MAIL.L Regulatory News (MAIL)

2 Oct 2006 11:01

Man Alternative Investments Ld02 October 2006 Man Alternative Investments Limited August 2006-------------------------------------------------------------------------------- Investment Objective Generate 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 August 2006 Key Statistics ---------------- ---------------- --------- Total Return -3.2 % Last Month 0.9 % Last Quarter -0.1 % Last 12 Months 10.9 % Year to Date 5.9 % ---------------- --------- NAV per Share GBP 0.9676 Total NAV GBP 31,929,903 No. of Shares 33,000,000 ---------------- --------- Glenwood Portfolio August Commentary The Glenwood Portfolio posted a gain over August. The month was characterised byconcerns of a slowdown in US growth, moderating inflation signals and lowtrading volumes. Event driven strategies posted gains on several favourableevents including the announcement of restructuring plans by an Asian-basedtobacco concern. Equity hedge strategies benefited with all major US indicesending up over the month, as oil prices eased and fears of interest rate risesreceded. The multi-strategy style posted a profit with exposure to event andconvertibles strategies. Variable equity contributed positively as Japanesemanagers tracked a strong rally in Japanese equities. The relative value stylemade a slight gain as credit markets responded favourably to the pause in USinterest rates rises. Performance from the commodity & trading strategy wasclose to flat. Key Strategies Contributions * Key Strategies Contributions *Commodity & Trading -0.01 % Multi-Strategy 0.21 %Equity Hedge 0.12 % Relative Value 0.02 %Event Driven 0.31 % Variable Equity 0.04 % This information is provided by RNS The company news service from the London Stock Exchange