All of Andrew Green's funds will be closed to new investment from 29 December, after Gam and St Jame...
All of Andrew Green's funds will be closed to new investment from 29 December, after Gam and St James's Place cap his portfolios following substantial inflows. Affected funds include £625m Gam UK Diversified and £691m Global Diversified and the £454m St James Place Recovery fund. Gam said allowing inflows into the funds indefinitely could constrain Green's deep-value, contrarian investment style in the future. Martin Harrison, head of mutual funds UK, said: "Green is moving up the market cap scale to large-cap stocks but if he were to move back down to small companies it could prove diff...
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