Gulf International Bank (UK) has rolled out the Emerging Markets Opportunities Fund with initial assets of over $100 million — making it one of the largest emerging markets hedge fund launches of recent years.
The fund began trading on Monday. It is a long/short multi-strategy fund with a primary focus on fixed income, investing in sovereign and corporate credit in the emerging markets. The fund is also able to invest up to 15% in equity, which would be used to express macro views more quickly than would be possible in the bond markets. The fund would generally take