Gartmore Launches Lookalike Hedge Fund For Former GAM Manager

Jul 1 2010 | 12:16pm ET

The Gartmore Group has launched a new hedge fund for new star manager John Bennett.

The Gartmore AlphaGen Pan-European Hedge Fund debuted yesterday, boasting that it will “be managed in a similar style to the GAM European Equity Hedge Fund,” which Bennett ran for more than 10 years before leaving GAM last summer. The new fund is domiciled in Dublin and is structured as a sub-fund of Gartmore’s Qualified Investment Fund in Ireland, designed to ensure that the fund will be unaffected by the proposed European Union alternative investments directive.

“This is a superb addition to Gartmore’s highly-respected hedge fund range with John’s ten years’ experience of running European equity long/short funds,” Paul Graham, global head of alternatives at Gartmore, said. “Investors will now be able to access his distinctive investment style and excellent track record through this latest offering.”

Under Bennett’s watch, the GAM European Equity fund enjoyed an annualized return of 7.3%.

Bennett joined GAM earlier this year, taking over the management of Gartmore’s European Select Opportunities and SICAV Continental European funds from Roger Guy and Guillaume Rambourg, just months before the latter was suspended for violating internal rules. Bennett and his team already manage €4 billion in European equities for Gartmore.


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.