SGAM offers access to US hedge-funds

The group has received authorisation to launch a new UCTIS III fund in the UK,France, Italy, Portugal, the Netherlands and Spain. The new fund, called SGAM AI Equity Fund, is domiciled in Luxembourg and is a SICAV umbrella containing three sub-funds. The fund will invest in US hedge-funds with long-only and long-biased strategies and SGAM AI has chosen different approaches for each sub-fund. The first sub-fund is managed by Caxton Associates and will employ a bottom-up, research-driven management style. Highbridge Capital Management will manage the Highbridge Statistically Enhanced Equi...