GAIM Advisors (GAIM) – a subsidiary of Integrated Asset Management, a financial holding company quoted on the Alternative Investment Market of the London Stock Exchange – has launched a new Long/Short Fund of Hedge Funds, the GAIM Absolute Return Long/Short Equity Fund.
The GAIM Long/Short Equity Fund, which is incorporated in Dublin, invests in a diversified portfolio of the largest and most successful equity long/short strategy funds.
The fund aims to provide investors with an attractive complement to a long-only portfolio as it has a low correlation with traditional asset classes, enabling it to reduce the volatility and increase the potential return of the overall portfolio.
The Fund will be offered in US Dollars and Euros, with a minimum investment of US$ or Euros 125,000. Both classes will be listed on the Dublin Stock Exchange.
“The GAIM Long/Short fund is a key product for us, it broadens and compliments our current product offering and enables us to scale our excellent fund management process,” says Ian Martin, MD of GAIM Advisors. “We are very optimistic about opportunities over the next few years and anticipate strong demand for this fund from existing and new clients.”
In addition to the GAIM Long/Short, GAIM Advisors offers four funds of hedge funds: multi-strategy, market neutral, European long/short and an emerging manager.