GAM and Barclays Capital have received approval from the Irish regulator to launch the GAM Star Barclays Dynamic Multi-Index Allocation Fund. This fund of quantitative indices is a UCITS IV vehicle. As such, it will be passported into various European jurisdictions, subject to the approval of the respective host state regulators.
The GAM Star Barclays Dynamic Multi-Index Allocation Fund aims to deliver consistent, non-correlated returns in any market environment. It is dedicated to investors seeking the benefits of actively managed multi-strategy, multi-asset investments. In addition, it has the advantage of daily liquidity, high transparency and a lower total expense ratio than those typically associated with the traditional fund of hedge funds approach.
Drawing on GAM’s extensive alternative investment expertise, the fund is managed using active, discretionary allocations across the range of Barclays Capital’s indices. This approach enables GAM to invest in Barclays Capital indices across different asset classes to reflect changing market dynamics.
Investing in quantitative indices has become more mainstream over the past few years as investors increasingly seek to complement their alternative investment portfolios with index allocations.
Craig Wallis (pictured), Global Head of Institutional and Fund Distribution at GAM, says: “The alternatives market has evolved as clients seek to access alternative strategies in a liquid format. The GAM Star Barclays Dynamic Multi-Index Allocation Fund partners GAM’s experience in active and discretionary management with Barclays Capital’s extensive development of indices to meet this client demand. We are delighted to be working with Barclays Capital on a product that seeks to deliver alpha in a highly liquid, regulated and transparent way.”
Antti Suhonen, Managing Director, Equity and Funds Structured Markets (EFS) at Barclays Capital, says: “The GAM Star Barclays Dynamic Multi-Index Allocation Fund further expands the ways to access our range of quantitative indices. Clients will now have the opportunity to invest in the widely recognised liquid and transparent Barclays Capital quantitative indices while benefiting from the investment management expertise of the GAM Multi-Manager team. We are very pleased to work with an established manager such as GAM to create a new style of investment into quantitative indices through a diversified and actively managed portfolio.”
