Bonds

Managed by Rick Rieder

'Tech shares are very near their peak'

Succession of worries

Launches with £60m of seed capital

Political fears in Europe and UK

Following high level of redemption requests

We expect the Federal Reserve to maintain its gradual tightening as the US economy extends its growth phase, with short-term rates likely to rise at least three more times to reach 2.5% by next year.

Threats from Trump

Alejandro Di Bernardo and Joel Ojdana join this summer

GAM's share price has halved in Friedman's tenure