CityWire.co.uk – US hedge fund giant Gottex Fund Management is test marketing its flagship fund of hedge funds (FoHF) in the UK.
Citywire understands that Gottex hopes to launch its Market Neutral (MN) FoHF in the UK during the first quarter of 2007. The fund is expected to consist of at least 50 hedge fund positions and have a global focus. Each invested hedge fund must be independently market neutral.
The MN fund has amassed $3.7 billion (£1.95 billion) in assets. This carries a minimum investment of $25,000.