Gam launches long / short fund for latest recruit Hawtin

Gam is planning to launch a long / short global equity fund for latest hire Mark Hawtin. Gam Eclect...

Gam is planning to launch a long / short global equity fund for latest hire Mark Hawtin. Gam Eclectic will aim to deliver an absolute return regardless of market conditions, with a low correlation to equity markets and low volatility. Investment director Hawtin will look to exploit discrepancies between the market value and the intrinsic value of various companies and themes. He will also look for businesses positioned to benefit from change or innovation. Hawtin said: "The recent performance of hedge funds has left many investors disappointed with returns as they had hoped these strate...