Gartmore has bought a US-based hedge fund business to expand its growing UK alternative investment ...
Gartmore has bought a US-based hedge fund business to expand its growing UK alternative investment arm. The group, which runs a number of hedge funds already based on its successful long-only managers such as European Growth manager Roger Guy, has bought fund of funds business Riverview International. Riverview, based in New Jersey, has some $350m in assets under management, primarily for institutional clients. The business is to be renamed Gartmore Riverview but will operate with a significant degree of independence from the main Gartmore group. In April, Gartmore announced it had p...
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