GAM will launch a Ucits III inflation fund based on an offshore strategy, Citywire reports. The inflation fund will be a unitized version of an offshore portfolio managed by U.S asset manager, Manning & Napier, on behalf of GAM private clients since May. T

The investment management service provider teamed up with GAM and has managed the firm’s $2 billion GAM Star U.S. All Cap fund since 2007. The fund has returned 40% in seven months.

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