GAM repurposes underperforming fund as new OEIC for Mark Hawtin

Kathleen Gallagher
clock • 2 min read

GAM Investments is revamping its £88.8m Global Diversified fund to an OEIC version of its GAM Disruptive Growth fund, run by Mark Hawtin.  The Diversified fund, run by Kevin Kruczynski, has returned 23.8% in the three years till 21 January, while the MSCI world has returned 51.1% and the IA Global sector is up 47%, according to FE fundinfo. From 31 January the fund's strategy and holdings will change to reflect the Irish-domiciled $842.2m Star Disruptive fund, which the group said they have seen "strong demand" for in the UK. While UK investors could invest in the Dublin UCITS fund...

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