GAM, the global investment management firm with $38 billion in assets, could be in for a rocky ride and possible monetary damages if its new U.S.-based hedge fund restructuring initiative trips over hedge fund behemoth Man Investments' pending patent filed just weeks ago.

The patent request seeks to cover the specific hedge fund structure that Man believes it created last year with tax-exempt investors in mind. This precise hedge fund structure is what GAM plans to shortly mimic with at least one of its U.S.-based, SEC-registered hedge funds.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.