Gartmore is planning a fund of hedge funds launch within four to six months to feed increasing dema...
Gartmore is planning a fund of hedge funds launch within four to six months to feed increasing demand for the products. Glyn Jones, chief executive at the group, said Gartmore has the capacity to manage fund manager selection. He added in order to demonstrate the fund's independence it will not invest in Gartmore's own range of hedge funds, including Roger Guy's European long-short hedge product. Additionally, Gartmore is looking at further long-short strategies in the hedge funds area, as well as relative value strategies, such as convertible bond arbitrage. If the group does move into ...
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