GMP Securities’ Canadian subsidiary, GMP Investment Management (GMPIM), has launched a new Canadian portfolio. The Canadian ABCP Fund will offer investors another alternative to the firm’s current fund offerings for their portfolios.
The objective of the portfolio is to capitalize on the risk/return potential of the diversified, deep-value investment opportunity. Earlier in April 2008, GMPIM had traded over $2 billion in Canadian restructured asset backed commercial paper through its GMP Diversified Alpha Master Fund.
Click here for the release from Market Wire.