Dixon joined GLG from Matterley in September, and subject to regulatory approval, GLG said he will take charge of its latest offering, a mirror fund of his existing FP Matterley Undervalued Assets vehicle.
Since the fund’s launch in 2008 Dixon has returned 92.76% against the benchmark’s 53.61%.
Running the GLG Undervalued Assets Fund, Dixon will seek to outperform the FTSE All Share Index through the market cycle by investing predominately in unfancied UK equities.
His portfolio will comprise small positions in no more than 60 stocks, and European equities will only be added if Dixon believes they are materially cheaper than their UK counterparts.
