OMAM launch for Kerr

Old Mutual Asset Managers is launching a UK Dynamic Equity and Global Equity Absolute Return portfol...

Old Mutual Asset Managers is launching a UK Dynamic Equity and Global Equity Absolute Return portfolio. The Ucits III UK Dynamic Equity vehicle will be managed by Luke Kerr and will employ the same approach as his current hedge fund using a focused long portfolio combined with short positions. The Global Equity Absolute Return fund will be managed by OMAM's Quantitative Strategies team. Both vehicles will have a minimum investment of £1,000, 1.5% AMC and a performance fee of 20%.