GAM Offers UCITS Version Of Trading Fund Of Funds

Mar 30 2011 | 10:19am ET

Swiss fund of hedge funds firm GAM has launched a UCITS III-compliant version of its Trading fund.

The new GAM Star Trading fund, domiciled in Dublin, invests in between 10 and 15 underlying hedge funds, primarily discretionary macro and systematic managed futures funds. It is helmed by David Smith, head of GAM's multi-managed business, and Arvin Soh, and debuted last month.

"The product was very much client-driven, and we have a few seed clients already on board, with a couple more making allocations over the coming weeks," Matthew Lamb, head of U.K. mutual funds at GAM, said. "It is a neat way to get exposure to [absolute return] strategies with the lowest correlation to equities."

The new fund has a minimum investment of US$10,000 or equivalent.

The strategy on which it is based, GAM Trading, has been around for 14 years.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR