Eclectic boutique opens a multifarious box of tricks

FMG Fund Managers has built an unusual mix of single hedge funds and funds of hedge funds, including specialist sector and regional portfolios, says David Walker

It's as though Johan Kahm, the founder of FMG Fund Managers, had pulled the poker machine, and brought up three matching stars.

The Rising3 Fund of the firm, the independently owned boutique Kahm founded in 1989 as a family office arrangement, and of which he is now chief executive officer, gives access to the three stock markets many believe could prove 2006's best - China, India and Russia.

But as Charles Cantlie, a director at FMG notes, FMG's decision to launch the fund of hedge and long-only

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