GMO enters Spain with two alts funds and announces EMD fund launch

US-headquartered asset manager GMO, co-founded in Boston by Jeremy Grantham over four decades ago, recently entered the Spanish market with two of its flagship liquid alternatives funds, as this publication had revealed earlier this month. GMO has chosen the GMO Global Real Return Ucits Fund and the GMO SGM Major Markets Investment Fund to be distributed in Spain but also in Italy, based on a combination of factors ranging from their proven strength in the long-term, valuation-based asset allocation, an local investor demand. GMO Benchmark-Free Allocation Strategy, which is available ...