BMO GAM set to close absolute return fund as assets plummet
'No longer commercially viable'

The fund was £612.4m in size a year ago
BMO Global Asset Management (BMO GAM) has confirmed it is closing the BMO Global Equity Market Neutral fund following redemptions after a period of underperformance.
In a statement, BMO GAM said: "We have been in active communication with investors in the fund following the recent redemptions we have seen. "While the fund remains able to meet its liquidity obligations,...
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