An investment manager has launched a new hedge fund of funds because of the growing universe of quality macro and managed futures strategies being offered in the UCITS wrapper.
The new long/short Dublin-domiciled fund, GAM Star Trading, launched in February. It is managed by GAM’s multi-manager team, led by chief investment director David Smith and investment manager Matthew Gibson.
It will invest in 12 to 20 actively managed UCITS fund, using the following four sub-strategies: macro discretionary, macro systematic, managed futures trend and short-term managed futures.
The UCITS funds typically invest in currencies, fixed income and equities and can trade within