Man Group subsidiary GLG Partners has appointed Matterley founder Henry Dixon as portfolio manager on its UK equity team.
At Matterley, the fund management arm of Charles Stanley, Dixon has managed the £75m Matterley Undervalued Assets fund since August 2008.
Prior to Matterley, Dixon was at New Star where he managed the British Lion Portfolio and the £99m Family Charities Ethical Trust. He also co-managed the New Star Equity Income fund.
Dixon will be joined at GLG by assistant fund manager Jack Barrett and analyst Alice Sharp, who also make the move from Matterley.
Man Group head of retail Richard Phillips says: “Henry has proved over a number of years what a talented fund manager he is and his consistent first quartile performance in a very large and highly competitive sector speaks volumes about his ability, process and approach.”
Dixon says: “Having the opportunity to work alongside some of the best managers in the industry is hugely exciting and I look forward to helping the UK equity team continue to deliver for investors over the coming months and years.”