Friday, 30 September 2016
Last updated 16 hours ago
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.