Gam launches long/short GEM fund

Gam has launched a Ucits III long/short fund with an emerging markets remit for investment director Sean Taylor.

Gam Star Absolute Global Emerging Markets focuses on the core Bric countries as well as smaller economies including Turkey, Indonesia, Egypt, and countries in the Gulf region. The daily dealing fund is designed to mirror Taylor’s emerging market hedge fund strategy. He will run it with a high-conviction approach, independent of benchmark weightings. Taylor, who is based in Dubai, will construct the portfolio using a combination of top-down global and regional analysis, and fundamental research. Taylor says: “We believe emerging markets offer prospects for relatively higher returns ...