K2AM partners with GAM on long/short fund

11 January 2023
| By Laura Dew |
image
image
expand image

K2 Asset Management has announced a partnership with GAM to manage its long/short fund.

GAM would manage the firm’s K2 Select International Absolute Return fund, which had been running since 2005, from 7 February onwards.

As a result, the name of the fund would change to Select International Alpha fund and GAM would manage it with a long/short approach to invest in “companies with disruptive characteristics and substantial potential for growth”.

Mark Hawtin, a London-based investment director, would lead the fund’s management, having worked at GAM since 2008.

GAM Australia managing director, Alex Zaika said: “GAM is excited to partner with K2 Asset Management which allow retail investors in Australia to access GAM’s long short global equity capabilities for the first time”.

George Boubouras, executive director of K2 said: “We are pleased to be able to partner with a large global and high quality long / short manager with such a strong track record. Facilitating successful best-of-breed global managers into the local market ultimately benefits Australian investors”.

Headquartered in Zurich, GAM had $100 billion in assets under management.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 2 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 2 weeks ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 6 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

1 day 7 hours ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 4 days ago