The GAM European Growth fund has been winding down its major themes of telecoms and banking and rein...
The GAM European Growth fund has been winding down its major themes of telecoms and banking and reinvesting the money in unfavoured value sectors. The significant reduction in technology at the start of the year was timely and cushioned the fund from the correction in the market. GAM European Growth is ranked third of 13 funds over three months, bid to bid, in the Europe, including UK sector. On a bid to offer basis, the fund is ranked fifth of 11 over one year and third of six funds over three years. John Bennett manages a total of $230 million in a range of authorised and offshore fun...
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