BARCLAYS Capital, the investment banking division of Barclays Bank, has launched a note linked to GAM's flagship fund of hedge funds, GAM Diversity.
Barclays Capaital said the aim was to give investors direct access to GAM’s resources across equity long/short, trading and arbitrage strategies in a note format. The company said the note can also provide portfolio diversification, as the fund has a low correlation to traditional equities and bonds. Alex Robinson, director of Barclays Investors Solution, said this was the sixth time the company had launched a hedge fund linked certificate using the Barclays Bank SIMPLE notes structure. Being a SIMPLE note means the bond’s value will exactly match the value of the GAM fund, and a...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes