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Gartmore sees capital inflows returning to its UCITS fund

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Having been hithard following the suspension of Guillaume Rambourg in March, with client redemptions nearing 1 billion pounds, Gartm

Having been hithard following the suspension of Guillaume Rambourg in March, with client redemptions nearing 1 billion pounds, Gartmore is now seeing positive inflows returning to its Ucits fund. Although declining to comment further to Hedgeweek, head of global alternatives Paul Graham was quoted by Reuters this week as saying “We did see outflows (from the Ucits fund) for a couple of weeks after Guillaume Rambourg’s suspension … but we are now seeing inflows." Roger Guy is managing the fund.

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