GAM is to launch a multi-manager arbitrage fund later this month aiming to provide little or no corr...
GAM is to launch a multi-manager arbitrage fund later this month aiming to provide little or no correlation to equity markets. Launching on 23 September, the fund, which holds around 15 underlying funds, will be managed by Dorothy DeWitt and David Smith, chief investment director of GAM's multi-manager team. It will be an event-driven hedge fund focusing on American and European equity arbitrage and relative value investment opportunities. Minimum investment will be $15,000, with the fund priced in dollars.
Developed by industry-wide group
Joined in 2002
'Educate clients' children'
Raised £15m earlier this week
From 8pm Friday 19 October