Reopen for business

David Smith is pacing his St James's Street office, reports in hand, his characteristic smile on face.

"I'm trying to work out how to make money," explains GAM's head of multi-manager of the wad of reports in his hands, "it hasn't been easy this year." He's not alone, in a fund of hedge fund industry that has returned on average 6% net in the 12 months to 30 November 2004, according to TASS.

One of the solutions to this problem, he says, is to seek niches largely untapped by hedge funds so far

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: