GLG launches mirror Undervalued Assets fund for new hire Dixon

GLG has launched a mirror version of Henry Dixon and his ex-Matterley colleagues' Undervalued Assets fund, after poaching the team in September.

Mimicking the existing FP Matterley Undervalued Assets fund, which Dixon (pictured) and the team still run for their previous employer, the new portfolio will launch on 15 November. Dixon and assistant fund manager Jack Barrat, working alongside analyst Alice Sharp, will aim to match the impressive track record they built up at Matterley. Over the last five years - a particularly good time to invest in oversold shares following the onset of the financial crisis - Dixon and the team outperformed peers in the IMA UK All Companies sector, as well as beating their benchmark. The fund d...