Diese Seite verwendet Cookies

Um Ihnen das bestmögliche Erlebnis zu bieten, verwendet die GAM-Website Cookies. Sie können vollständige Informationen über die Verwendung von Cookies hier lesen. Ihre Privatsphäre ist uns wichtig und wir empfehlen Ihnen, unsere Datenschutzerklärung hier zu lesen.

Ok

Medienmitteilung

Tuesday, October 31, 2017

GAM launches new UK equity income fund

GAM announced today the launch of GAM UK Equity Income managed by Adrian Gosden who recently joined the company as investment director.

The fund is structured as a UK Open Ended Investment Company (OEIC) and invests using fundamental analysis to identify robust UK companies with sustainable dividends. The strategy seeks to provide both income and capital appreciation by investing in UK companies of all sizes. The long only fund aims to offer a liquid and diversified portfolio with expected low constituent turnover.

Gosden, who joined GAM in September 2017, has 20 years’ investment experience, 18 of which he has spent managing income funds. He will manage the fund with Chris Morrison, who joined GAM in 2011 and has 12 years’ investment experience.

Adrian Gosden said: “This is a core fund with the flexibility to invest across the UK equity universe. Despite good progress in the market, we are still finding interesting income opportunities – some fuelled by management actions and others in less popular industry sectors such as financials and industrials. The fund uses tried and tested techniques to invest in around 50 companies of varied sizes, creating diversity of sector and market cap. Clients are central to our aim of producing consistent returns in a clear and responsible manner.”

Douglas Branson, head of UK distribution, said: “The launch of GAM’s first UK equity income fund builds on our long history of equity investing across a breadth of styles and further strengthens our offering to UK advisers and wealth managers. Attracting and recruiting such a well-known and talented fund manager as Adrian underscores the strength of GAM’s brand, our solid commitment to the UK market and to fulfilling our clients’ needs. In today’s low growth, low interest rate world, the importance of consistent and sustainable income for client portfolios has never been greater.

“This follows the launch of three UK OEICs in May of this year that have also generated encouraging interest from the intermediary community. They cover continental European equity, emerging market equity and global credit.”

The fund is domiciled in the UK and at launch it will have an annual management fee of 0.75% with an estimated on-going charge figure of 0.88%.

Biographies

Adrian Gosden
Before joining GAM, Adrian Gosden worked for 13 years at Artemis, where he was a partner and fund manager. Adrian co-managed the Artemis Income and Artemis High Income funds as well as income mandates, totalling about GBP 10 billion. Prior to joining Artemis in 2003, Adrian managed a number of accounts for institutional clients and co-managed the retail SocGen UK Income fund. He joined Societe Generale Asset Management in 1999 after working for Fleming Investment Management and Andersen Consulting. He has a first class degree in Chemistry from St Hugh's College, Oxford.

Chris Morrison
Chris Morrison is an investment manager responsible for fund management and investment strategy of UK equities. Since joining GAM seven years ago, he has concentrated on UK equities and in particular the recovery-oriented UK Diversified fund. Prior to joining GAM, he spent five years at the Bank of Tokyo Mitsubishi UFJ Asset Management UK Ltd where he became a fund manager responsible for running European equity portfolios. Chris Morrison holds a BSc in Economics and Mathematics from the University of Bristol and is a CFA charterholder. He is based in London.

For more information please contact:

GAM Media Relations:

London: +44 (0) 207 393 86 51

Zurich: +41 (0) 58 426 62 65

Follow us on: Twitter and LinkedIn

About GAM

GAM is one of the world’s leading independent, pure-play asset managers. The company provides active investment solutions and products for institutions, financial intermediaries and private investors. The core investment business is complemented by private labelling services, which include management company and other support services to third-party institutions. GAM employs over 900 people in 13 countries with investment centres in London, Cambridge, Zurich, Hong Kong, New York, Milan and Lugano. The investment managers are supported by an extensive global distribution network.

Headquartered in Zurich, GAM is listed on the SIX Swiss Exchange and is a component of the Swiss Market Index Mid (SMIM) with the symbol ‘GAM’. The Group has assets under management of CHF 148.4 billion as at 30 September 2017.



Source: GAM, unless otherwise stated. (Where applicable and, unless otherwise noted, performance is shown net of fees, on a NAV to NAV basis).GAM has not independently verified the information from other sources and no assurance can be given as to whether such information is accurate, true or complete and GAM makes no warranty, expressed or implied, regarding such information. Every effort has been made to ensure the accuracy of the information provided, but GAM cannot be held responsible for any errors or omissions. While every effort has been made to ensure the accuracy of the financial information herein, you should note that some of the information may be based on unaudited or otherwise unverified information.

This material is confidential and intended solely for the use of the person, persons or entities with nationality of or respectively with their residence, domicile or registered office in a State or Country in which such distribution, publication, making available or use is not contrary to laws or other regulations, and may not be reproduced, copied or given, in whole or in part, to any other person. It is aimed at sophisticated, professional, eligible, institutional and/or qualified investors/ intermediaries appointed by GAM who have the knowledge and financial sophistication to understand and bear the risks associated with the investments described.

Nothing contained herein constitutes investment, legal, tax or other advice, nor is it to be solely relied on in making an investment or other decision. This document qualifies as marketing material.

The views expressed herein are those of the manager at the time and are subject to change. The price of shares may go down as well as up and the price will depend on fluctuations in financial markets outside GAM's control. As a result an investor may not get back the amount invested. Past performance is not indicative of future performance and reference to a security is not a recommendation to buy or sell that security. Holdings and allocations are subject to change. Prices quoted refer to accumulation shares, unless otherwise stated. Historic data may be subject to restatement from time to time.

This is not an invitation to invest in any GAM product or strategy. Investments should only be made after a thorough reading of the current prospectus, offering memorandum, the Key Investor Information Document “KIID”, the articles of association and the current annual and semi-annual reports (the “legal documents”), as well as after consulting an independent finance and tax specialist. The legal documents can be obtained in hard copy and free of charge from the addresses indicated below.

Some of the sub-funds may not be registered for sale in all jurisdictions. Therefore, no active marketing must be carried out for them. Subscriptions will only be received and shares or units issued on the basis of the current fund prospectus.

Shares of the fund have not been registered under the US Securities Act of 1933, as amended (the “Securities Act”) and the fund is not registered under the US Investment Company Act of 1940, as amended (the “Company Act”). Accordingly, unless an exemption is available, such shares may not be offered, sold or distributed in the United States or to US persons. However, pursuant to an exemption from registration under the Securities Act and the Company Act, the shares may be sold or resold in the United States or to certain qualified US investors in transactions that do not constitute a public offering. In addition, certain GAM products are closed to all US investors.

This material/presentation may mention sub-funds of GAM Funds, registered office at 20 King Street, London SW1Y 6QY, an umbrella investment company with variable capital (OEIC) and segregated liability between the sub-funds, incorporated under the laws of England and Wales and authorised by the Financial Conduct Authority (FCA) as a UCITS Fund in accordance with the Directive 2009/65/EC. Authorized Corporate Director is GAM Sterling Management Limited, 20 King Street, London SW1Y 6QY.

UK: Copies of the legal documents can be obtained in English, free of charge, from the Authorized Corporate Director: GAM Sterling Management Limited, 20 King Street, London SW1Y 6QY.

Within the UK, this material has been issued and approved by GAM London Ltd, 20 King Street, London SW1Y 6QY, authorised and regulated by the Financial Conduct Authority.

Invalid MyFavouriteContentDialogViewModel detectedTitleText or MessageText is not populated