Funds of Hedge Funds

GAM unveils leveraged access to Trading II fund


GAM has launched its latest fund GAM Trading II with one and a quarter times leveraged exposure to the performance of GAM Trading II - GBP, a 12-year-old offshore fund of funds with a global, trading mandate.

GAM Trading II was launched in 1997 and the underlying managers trade currencies, fixed income instruments across four sub-strategies: discretionary macro (40% to 70%); systematic macro (10% to 30%); systematic trend (5% to 20%); and systematic non-trend (15% to 35%).

The fund targets absolute returns of 8% to 13% per annum over rolling three to five-year periods with volatility ranging between 6%