GAM chiefs have written to clients to provide further clarification on issues surrounding the suspension of manager Tim Haywood following an internal investigation, including reconfirming there has not been any material client detriment to date.
Haywood, who is the business unit head for GAM's CHF 11bn (£8.5bn) AUM unconstrained/absolute return bond strategy (ARBF), was suspended on 31 July following an internal investigation into issues relating...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till