New GAM fund to focus on Middle East

GAM Star Frontier Opportunities will be run by investment director Sean Taylor. The fund enables clients to access high-growth opportunities in the Middle East and across the frontier markets via a regulated vehicle and will typically hold 30 to 50 stocks. Taylor said: "One of the key characteristics of the Frontier economies is that they continue to be less connected to the global market cycle and less dependent on developed market growth. "There is also little correlation between the individual countries and also the more mainstream emerging markets. This unique quality offers usefu...