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Gartmore&#39s AlphaGen Pictor fund tops $50m in first month

Investment house Gartmore has announced that its AlphaGen Pictor fund now tops the US $50m mark a month after launch.

Managed by Chris Palmer and Seok Teoh, it is a non-directional long/short Pacific and emerging markets equity hedge fund and is the latest addition to Gartmore’s AlphaGen range.

Its Japanese equity hedge fund Hokuto, launched in November 2000, is the only other fund still open to new business.

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