GAM next month launches a tightly focused US equity fund to be managed by James Abate, writes James ...
GAM next month launches a tightly focused US equity fund to be managed by James Abate, writes James Phillipps. The GAM Star American Focus Fund is set to come out in mid-September following a subscription period and pending approval of its prospectus from the Central Bank of Ireland. The fund will be a Dublin-based Ucits and fully Isa compliant. GAM is applying for a distributor's licence and the fund will be regulated and recognised in the UK, according to Martin Harrison, director of mutual funds at GAM. The fund will invest in between 35-50 stocks, with a disciplined value bias. Ab...
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