|Gartmore launched the Gartmore UK Absolute Return Fund for retail investors yesterday. The Fund aims to achieve a positive absolute return over the long-term regardless of market conditions by investing long/short in UK equities.|
The fund is managed by Ben Wallace who is responsible for managing all of the firm’s UK absolute return strategies. Mr. Wallace joined Gartmore in October 2002 as a Senior Investment Manager. Prior to joining Gartmore, Ben worked at Deutsche Asset Management, where he managed UK equity funds from 1997-2002.
Gartmore is a multi-product asset management firm that provides investment management products and services to retail and institutional investors. As 12/31/08, the firm had approximately $27bn in assets under management.