Gartmore Multimanager fund celebrates anniversary

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Gartmore Multimanager fund celebrates anniversary

Gartmore has reported a successful first year for its Multimanager fund, which has risen to £400 million.

One aspect of the fund, the Gartmore Portfolio Cautious Strategy Fund, had a particularly good year, growing over double in size since it was launched.

Meanwhile, the Gartmore Global UK High Alpha and Gartmore Global High Alpha have also both performed above expectations for the year.

Paul Feeney, head of European retail and bancassurance at Gartmore went on to say that the portfolio funds gained further recognition from the Skandia and Legal & General distribution platforms.

Mr Feeney concluded: "We look forward to capitalising on these and other partnerships in 2006."


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