Hedge funds

Reopen for business

As GAM reopens some of its multi-fund hedge portfolios to new investors, David Smith reflects on the hedge fund industry, GAM's progress and staggering intake of money in 2004

Old hand with a new vision

Les Jones has invested in Japan's stock market for 23 years, bringing a wealth of experience to Old Mutual's Pan-Asia fund… and experience of wealth to his hedge fund's investors

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