Popular diversity

Since David Smith has been running Global Asset Management's (GAM) massive $1.75bn Diversity fund, it is up 48.8%.

He began managing the fund in 1999, after gaining creditable success from the GAM Multi-Manager Europe, also a fund of hedge fund product.

Commenting on his success, Smith says: "I have tried to create a system which is repeatable and it centres around our ability to identify talented investment managers. The essence of any good fund manager is to recognise investment managers are

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