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GAM Unveils Ucits Version Of U.S. Fund
GAM has launched a U.K. version of its $55 million GAM GAMCO U.S. Equity fund.
GAM has launched a U.K. version of its $55 million GAM GAMCO U.S. Equity fund, Investment Week reports. The new fund is a Ucits version of the U.S. equity fund, which was earlier managed by independent investment boutique GAMCO. The new fund, managed by Chairman Mario Gabelli, is now available to U.K. retail investors.
The asset management firm has set up a retail share class for the fund on the Irish Stock Exchange, with a minimum investment of $10,000. The vehicle complements the GAM Star US All Cap Equity fund and the GAM North American Growth fund offered to U.K. investors.
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