Gartmore planning retail fund of hedge funds debut

Professional Adviser
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After acquiring riverview, the group sets sights on EXPANDING RANGE

Gartmore is aiming to launch its first retail fund of hedge funds next year following the launch of an institutional version last month. The plans come hot on the heels of Gartmore's 100% acquisition of Riverview International Group, a specialist fund of hedge funds business based in New Jersey in the US. Gartmore is seeking to be a leader in the fund of hedge funds field, according to Stephen Attenborough, the head of European institutional sales at Gartmore. He believes the hedge fund industry is at an inflexion point where institutional investors will become more interested and ca...

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