London-Based Hedge Fund Launches Swiss Fund

Stephen Harris

22 December 2005

AIM-listed alternative investment group, GAIM Advisors, has launched a new Swiss franc class of shares in the GAIM Hedge Fund to accompany the existing US dollar, euro and sterling share classes. The Swiss franc share class is being launched due to demand from GAIM Advisors’ client base in Switzerland and a positive investment climate in the Swiss market, according to the alternative asset group. It will offer Swiss investors a potentially higher yield alternative to Swiss franc cash investments and the opportunity to diversify their portfolio using an asset class that is expected to outperform Swiss Franc bonds, but with the advantages of reduced risk compared with investments in equities and no exposure to currency value fluctuations. Strategies followed will be: event-driven; long/short equity; fixed income arbitrage; global macro; multi-strategy; equity market neutral; managed futures; convertible arbitrage; and emerging markets. The fund is listed on the Dublin Stock Exchange and has assets under management of over SFr300 million .