Gam Floats New Ucits Vehicle
Gam has rolled out a long-slated clean-tech Ucits-compliant fund.
Gam has rolled out a long-slated clean-tech Ucits-compliant fund, HFMWeek reports. The Gam Star GEO USD Fund will focus on stocks with the potential to benefit from the increasing scarcity of natural resources and environmental sustainability. The vehicle, which was launched with $20 million, will aim at alternative power sources, water, energy efficiency, green transport and environmental resources. The new offering will also have exposure to emerging markets, including China and India. It has a $500 million capacity.
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