GAM has said it expects to return cash to investors in its suspended £5.6bn unconstrained/absolute return bond funds (ARBF) by early September, in an update on its liquidation plans following the suspension of manager Tim Haywood in July.
GAM added it had obtained the necessary approvals to liquidate the range while also outlining plans to launch a UCITS product for investors wishing to remain invested with the team. On 10 August,...
Joined as head of strategy, multi asset, in June
Group income protection
Nine in 10 do not have income protection
Set to become part of Single Financial Guidance Body