Gartmore is continuing its series of alternative investment product launches with the introduction o...
Gartmore is continuing its series of alternative investment product launches with the introduction of its first ever currency hedge fund. The AlphaGen Currency Fund invests in seven different currencies including the yen, dollar, sterling, euro, Swedish kroner, Norwegian kroner and Canadian dollar. The fund will have a minimum investment of $100,000. Although Gartmore has been managing a currency overlay strategy since 1989, this is its first currency hedge fund. Graham Martin, hedge fund account director at Gartmore, said: "The strategy used for the portfolio is two-thirds driven by a...
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