GAM Launches Fund of Hedge Fund Strategy

Feb 25 2008 | 11:31am ET

GAM today unveiled its latest fund of hedge funds offering, GAM Multi-Diversified LV. The strategy is managed by and follows the same strategies as its flagship fund of hedge fund strategy, GAM Diversity.

“Whereas the GAM Diversity strategy has approximately 50% weighted to equity hedge, and 25% to both trading and arbitrage, the Multi-Diversified strategy will be weighted more strongly towards arbitrage, approximately 50%, with a 25% allocation to both equity hedge and trading to lower both volatility and correlation to equities,” said David Smith, chief investment officer.

As of Dec. 31, GAM manages some US$75.8 billion in total assets from nine offices around the world.


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...