GAM to cut multi-asset MPS fees and rename range

Changes happening over coming months

Mike Sheen
Charles Hepworth, manager of the GAM multi asset MPS range

Charles Hepworth, manager of the GAM multi asset MPS range

GAM is set to reduce the fees on its multi-asset MPS funds and rename the range to better reflect the investment offering, Investment Week understands.

The changes will see the range's investment team, led by Charles Hepworth (pictured) and James McDaid, intensify its focus on cost efficiency at an underlying fund level. What is the outlook for US equities as investors face possible end of bull run? The move reflects efforts to meet the changing needs of clients, improve customer experience and target future growth opportunities. While the exact details of the extend of the  fees cuts are not yet known, the changes are set to take place "in the coming months", according to a spokesperson. The Swiss asset manager is also renamin...

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