Bright Capital idea sparks reincarnation at GNI

Alternative investment specialist, GNI, has renamed itself Bright Capital amid a flurry of initiatives and product launches, including a global fund of hedge fund launch and a refocus on the institutional side of the market.

The Old Mutual subsidiary will launch its institutional range after this summer, possibly later taking the same products and offering them back to the retail market.

Bright will continue its retail programme, however, the next product will be a retail global fund of hedge fund