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.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of