GAM has decided to liquidate suspended unconstrained and absolute return bond funds with £5.6bn in AUM, on the back of high levels of redemption requests following the suspension of manager Tim Haywood.
Haywood, who is the business unit head for GAM's CHF 11bn (£8.5bn) AUM unconstrained/absolute return bond strategy (ARBF), was suspended on 31 July following an internal investigation into issues relating...
To continue under same brands
Growth still strong and valuations attractive
Was CEO of TeamBlockchain
Joe McDonnell joins as head of portfolio solutions (EMEA)
Latest edition of the print magazine online