GAM snares Julius Baer trading team

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Specialist asset manager GAM has acquired Julius Baer's alternative risk trading team.

The Zurich based team will be renamed GAM Structured Investments, expanding the firm’s structured product and hedge fund capabilities. Reporting to GAM group institutional and fund distribution head Craig Wallis, the Yoshiki Ohmura led team has co-managed GAM’s Portable Alpha strategies since 2006. GAM says the appointments will help the firm to create and distribute its open architecture styled structured products. “The team’s move to GAM is a logical one for the Julius Baer group, as GAM funds of hedge funds already accounts for some 85% of the structured product team's underlying asse...

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