GAM to remove subscription cap on Star Discretionary FX

clock •

GAM is removing the cap on its GAM Star Discretionary FX fund, allowing greater monthly subscriptions into the portfolio.

From this week, GAM will remove the curb which limited monthly subscriptions to £13m. The restrictions have been in place on the fund since May. Caps on inflows were introduced for both the Discretionary FX and Star Global Rates Ucits funds as they approached combined assets of £1bn. Manager Adrian Owens says he believes increased inflows will not impair the fund’s returns. “The manager has reviewed the scalability of his global currency strategy in the context of the investment opportunities the currency markets offer his particular investment approach,” the group says. “He is ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Author spotlight

David Walker

View profile
More from David Walker

Retail audience holds the hedge fund key

Profile: GSAM's US managers

More on Investment

Stories of the Week: BoE holds interest rates; FCA: Name and shame consultation 'valid'; Concord sticks with offer for Hipgnosis
Investment

Stories of the Week: BoE holds interest rates; FCA: Name and shame consultation 'valid'; Concord sticks with offer for Hipgnosis

BoE; FCA; Concord: The biggest stories from the world of investment and asset management this week

Sarka Halas
Sarka Halas
clock 10 May 2024 • 1 min read
Partner Insight: Adding emerging market debt exposure? Look to local bonds.
Investment

Partner Insight: Adding emerging market debt exposure? Look to local bonds.

There are five factors that make a strong case for emerging markets in a global fixed income portfolio.

Arif Husain Head of Fixed Income and Chief Investment Officer, Fixed Income, T.Rowe Price
clock 08 May 2024 • 6 min read
Partner Insight: Is it time to move to corporate bonds?
Investment

Partner Insight: Is it time to move to corporate bonds?

With interest rate cuts from central banks on the horizon, investors may want to consider moving some cash exposure to the natural first step: short dated high quality corporate bonds, says Ben Deane, Investment Director, Fixed Income - Fidelity International.

Sarka Halas
Sarka Halas
clock 07 May 2024 • 4 min read
Trustpilot