WEST PALM BEACH, FL (HEDGECO.NET) – Gartmore Asset Management Company has been named the \u00c3\u00af\u00c2\u00bf\u00c2\u00bdInstitutional Manager of the Year\u00c3\u00af\u00c2\u00bf\u00c2\u00bd by the Alternative Investment News during the just completed Hedge FundIndustry Awards. The award praised Gartmore Investment team\u00c3\u00af\u00c2\u00bf\u00c2\u00bds success in developing a division totally dedicated to managing single-manager hedge funds. The funds were also branded stand-aloneproducts, offering them the opportunity to compete with independent providers.<\/p>\n
The decision of which manager gets the yearly award, is made by the editorial board of the Alternative Investment News, a publication of the Institutional Investor. Various criteria are used by the board to decide which manager earns the award, including but not limited to \u00c3\u00af\u00c2\u00bf\u00c2\u00bdrange of products offered, successful branding, and growth in assets under management.\u00c3\u00af\u00c2\u00bf\u00c2\u00bd<\/p>\n
Paul Hondros, Gartmore\u00c3\u00af\u00c2\u00bf\u00c2\u00bds Chief Executive Officer reacting to the award said, “Gartmore believes that alternative investments are important diversification tools for our individual and institutional clients.\u00c3\u00af\u00c2\u00bf\u00c2\u00bd<\/p>\n
Gartmore has also received EuroHedge\u00c3\u00af\u00c2\u00bf\u00c2\u00bds “Specialist European Equity Fund,\u00c3\u00af\u00c2\u00bf\u00c2\u00bd as well as the much-coveted “Best Overall Hedge Fund Firm.\u00c3\u00af\u00c2\u00bf\u00c2\u00bd Hondros added, “We set out to create a franchise that offered a series of distinctive strategies managed by uniquely skilled and talented managers. We consider industry awards and the investment in our hedge strategies, to be a measure of our success in making Gartmore a global alternative investment leader.”<\/p>\n
The affiliated advisers that comprise Gartmore, including Gartmore Investment Management plc, collectively manage more than $77 billion in nontaxable and taxable assets. Gartmore’s clients include individuals as well as institutions such as corporate and public pension plans, foundations, endowments, mutual fund companies and insurance companies.<\/p>\n
Gartmore Global Investments (GGI), leads the U.S. component of Gartmore, was formed in 1999, and is based outside of Philadelphia.<\/p>\n
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net<\/p>\n
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