- Advertisement -

Related

GAM Suspends a Top Fund Manager

- Advertisement -

GAM Holding GMHLY -4.21% AG said it had suspended a top fund manager after an internal probe found flaws in his risk-management and record-keeping procedures. That sent shares of the Swiss money-management firm down 13% as it warned it could lead to investors pulling money out.

Hedge-fund manager Tim Haywood was suspended following the probe, GAM said Tuesday. Mr. Haywood is business unit head for GAM’s unconstrained/absolute return bond strategy, which had total assets across its portfolios of 11 billion Swiss francs ($11.1 billion) at the end of June.

Hedge-fund manager Tim Haywood was suspended following the probe, GAM said Tuesday. Mr. Haywood is business unit head for GAM’s unconstrained/absolute return bond strategy, which had total assets across its portfolios of 11 billion Swiss francs ($11.1 billion) at the end of June.

said it had suspended a top fund manager after an internal probe found flaws in his risk-management and record-keeping procedures. That sent shares of the Swiss money-management firm down 13% as it warned it could lead to investors pulling money out. Hedge-fund manager Tim […]

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Syndicated News
Syndicated News
Posts in this category or typically curated, or syndicated from other suppliers that are usually not affiliated to HedgNordic. These could be other financial media, blogs or other online publications. Posts in this category are typically generated and published automatically.

Latest Articles

CABA Offers Another Roll Down the Curve

CABA Capital has launched the fourth iteration of its Flex strategy, a three-year closed-ended AAA-yield premium strategy designed to harvest roll-down and pull-to-par effects...

Even Steven for Nordic CTAs in Mediocre May

May was another month characterized by reversals and cross-asset volatility. Strong momentum in U.S. equities contrasted with directionless moves across other markets, creating a...

Rhenman Doubles Down on Smaller Healthcare Innovators with New Fund

Many of healthcare’s most transformative breakthroughs often originate not from established industry giants, but from smaller companies developing new technologies, therapies, and treatment approaches....

Always Opportunities Applies Traditional Credit to an Underserved Market

The origins of Always Opportunities can be traced back to a bond transaction involving mobility company Voi. What initially brought together founders, venture capital...

HSBC’s Three Decades of Building Hedge Fund Portfolios

Hedge fund investing has become increasingly institutionalized and resource-intensive, requiring access to specialized managers alongside deep due diligence, portfolio construction, risk management, and ongoing...

The Benefits of Multi-Manager Portfolios in CTA Investing

At first glance, CTA investing can appear deceptively homogeneous. Many managers trade the same liquid futures markets and rely on systematic, trendfollowing models that...

Allocator Interviews

In-Depth: Diversification

- Advertisement -

Voices

Request for Proposal

- Advertisement -