Gartmore launches on-shore portfolio in response to European pension demand

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EUROPE - Gartmore has joined the trend of hedge funds launching onshore portfolios for EU-based pensions, which face exclusion from offshore products under proposed EU regulation of the alternatives industry.

The London-based firm runs hedge funds domiciled in Cayman Islands, but today it announced its first Dublin-domiciled hedge fund, a European equities product to be run by John Bennett whom it recru...

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