GAM has appointed Liontrust as the delegated manager of the GAM Star Alpha Technology strategy, ahead of Mark Hawtin's departure to join the the London-listed firm next month as head of global growth equities.
The Swiss firm told Investment Week that the changes will come into effect on or around 6 May 2024, with no impact on the day-to-day management or the strategy. Hawtin currently leads the global growth equity team at GAM, having worked at the firm since September 2008. He became the sole manager of the $36.6m Star Alpha Technology fund in 2010. Liontrust raids GAM for team heads as outflows persist According to FE fundinfo, the fund has gained 53.7% over the past five years, while the IA Specialist sector is up 29.7%. In the past year, it is up 23.5%, while the sector has returned...
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