Man GLG Recruits W4I's Morgado, Bergana In European Equity Push

Mar 31 2017 | 9:17pm ET

European equity specialists Firmino Morgado and Filipe Bergana, as well as the three long-only UCITS-compliant strategies they managed, have joined global hedge fund manager Man GLG. 

The duo will reportedly be based in Man GLG’s London offices. They join from boutique European equity manager W4i Investment Advisory, which Morgado founded in late 2014 after 12 years with Fidelity. 

Subject to U.K. regulatory approval, the three funds coming over are W4i European Dividend fund, the W4i European Opportunities fund and the W4i Iberian Opportunities fund. They will complement Man GLG’s existing long-only offerings and consist of high conviction, concentrated portfolios of attractively valued companies.

Bergaña, meanwhile, joined W4i in April 2015 from Och-Ziff Capital Management. Beforehand, he was with Fidelity International for four years, and held roles at BlackRock and Merrill Lynch Investment Managers. 

“Firmino and Filipe’s European equity expertise will be highly complementary to Man GLG’s existing European team and will benefit from our global infrastructure and resources,” said Teun Johnston, CEO of Man GLG, in a statement. “We are delighted to be welcoming them to the firm and are excited about the proposition they will offer to our investors.”

Man GLG is the discretionary investment management business of Man Group PLC, which traces its roots back to the 1783 founding of a sugar coop and brokerage company. The company manages more than $26 billion in long-only and absolute-return strategies, while its parent has $80.9 billion in AUM and is the largest hedge fund manager in the world.  


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