GAM Absolute Return Bond Fund for June

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22 July 2015

 

Fresh from winning a $100m mandate from the Tasmanian Retirement Benefits Fund, Zurich-based GAM has produced a solid June performance and a 2.41% return for the quarter on its Absolute Return Bond Defensive Fund.  These figures compare rather well to the average return across the Yield Report “universe” of global bond funds where returns for the month and the quarter were -1.03% and -1.22 respectively. GAM uses a fundamental, top down...

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