GAM has suspended trading in its unconstrained and absolute return bond funds (ARBF) as a result of the high level of redemption requests following the suspension of manager Tim Haywood earlier this week.
Haywood was suspended by GAM on 31 July following an internal investigation into issues relating to his risk management procedures and record keeping. In a statement, GAM stressed that the investigation...
Spent 56 years at Schroders
Warns on profits
Hargreave Hale seeking legal advice