Julius Baer-owned fund manager GAM has launched a new FSA-recognised Irish UCITS fund, GAM Star Asian Equity. The fund is managed by Michae...

Julius Baer-owned fund manager GAM has launched a new FSA-recognised Irish UCITS fund, GAM Star Asian Equity. The fund is managed by Michael Lai, based in GAM’s Hong Kong office.

GAM Star Asian Equity will share its investment approach with GAM’s existing Asian offshore fund. The launch allows GAM to offer its Asian strategy to a wider investment audience.

GAM Star Asian Equity seeks to achieve capital appreciation through investment in quoted securities in the Asia Pacific region (excluding Japan but including Australia and New Zealand).

The minimum investment is £6,000 ($11,200) or currency equivalent.