GAM's Asian hedge fund investments hit $2.5 billion

David Smith, chief investment director of GAM''s multi-manager discusses his approach to running a fund of hedge funds business.

How much of GAM's assets are currently in fund of hedge funds

Smith GAM currently manages assets of about $35 billion, of which around $20 billion is dedicated to hedge funds. Our multi-manager business has grown significantly this year. In the first eight weeks of 2004 we received an inflow of $3 billion. After the solid performance from hedge funds in 2003, fund of hedge funds have been very much in vogue. I think GAM...

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