Bringing you live news and features since 2006 

GAM launches onshore emerging market rate fund

RELATED TOPICS​

GAM has expanded its Ucits III alternative fund range to include an onshore version of its emerging market interest rate and currency fund managed by Paul McNamara and Caroline Gorman.

GAM Star Emerging Market Rates provides daily liquidity and is tax efficient for UK onshore clients.

The fund aims to generate returns of ten per cent per annum above Libor.

The managers employ a top-down, thematic, approach to invest in emerging market sovereign debt, currencies and related instruments.

McNamara says: “We believe that common indicators exist for systematically identifying imminent inflection points in the economies of emerging markets. Through our proprietary ‘crisis cycle’ filter, we can use these indicators to gain a clear view on which countries are about to experience significant recoveries or violent currency devaluations or economic defaults.”

Craig Wallis, group head of institutional and fund distribution at GAM, adds: “Paul and Caroline have a combined experience of 25-plus years’ managing emerging market debt and FX strategies and run over USD3bn in assets. Their investment approach has resulted in a track record of extracting significant returns irrespective of the market backdrop. The launch of GAM Star Emerging Market Rates provides investors with access to these impressive returns combined with the reassurance and liquidity of a Ucits III structure.”

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by