Gulf offers a protected fund

Gulf International Bank (GIB) opened the Falcon Capital Protected Relative Value Fund for investment in July. The fund, which combines investment in GIB's Relative Value investment strategies with 100% capital protection at maturity following a five-year term, has attracted over $30m for its first share series. The group intends to add a further series later this year.

The London-based team, David Waite, Peter James and Paul Harrison that manage the Falcon Relative Value Fund, will also manage th

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