Tim Haywood vows to 'clear his name' after GAM's misconduct allegations

Sacked by the Swiss asset manager

Natalie Kenway
clock • 1 min read

Tim Haywood has said he will clear his name and "return to work" as he disputes GAM's claims he was involved in "gross misconduct".

The former manager of GAM's £8.5bn unconstrained/absolute return bond strategy (ARBF) has previously said he was "unfairly singled out" by the Swiss asset manager, adding the redundancy process had been "run unfairly". In another update, Haywood said only a few allegations against him remained and he did not believe they should be deemed gross misconduct. A statement from Haywood said: "After 15 months of investigations most of the allegations have been dropped. The remaining allegations levelled against me do not by any stretch constitute ‘gross misconduct', even if they weren't subs...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read