Launches & Closures Wrappers / Structures

GAM adds Wadhwani to growing UCITS range


GAM is adding another fund to its growing range of UCITS III hedge fund offerings, with a systematic managed futures vehicle managed by well-known macro manager Wadhwani Asset Management.

The new GAM Star Keynes Quantitative Strategies Fund will debut in early April. It will use the directional fixed-income and equity models developed by Wadhwani's founder, Sushil Wadhwani, and used by his firm's offshore quant funds. This is the first time his strategies have been made accessible via an onshore, regulated vehicle.

The Dublin-domiciled fund will aim for a net return of 12-15% a year. It is available in US