GAM is to cap its UK hedge fund when it reaches £200m to protect the interests of existing sharehold...
GAM is to cap its UK hedge fund when it reaches £200m to protect the interests of existing shareholders. The £152m portfolio, managed by Ross Hollyman, is at the same time to change its name from the GAM UK Hedge Fund to the GAM UK Equity Hedge Fund in a move to clarify its mandate. Hollyman said: "The fund seeks value in the UK market across the market cap scale, with small-cap companies making up approximately 30% of the strategy. Further growth in the fund may constrain the implementation of this strategy, given the nature of the small-cap market and its relative lack of liquidity." ...
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