He manages c. $2bn of investments across equities, bonds and alternatives for a diverse client base including institutions, charities, private clients and retail investors. He is responsible for strategic and tactical asset allocation as well as fund selection. Prior to joining GAM in 2007, he held roles at Henderson Global Investors, Insight Investment, Invesco Perpetual and JP Morgan Investment Management. Julian Howard holds a BA in History from Bristol University, the CISI Diploma, the CISI Investment Advice Diploma and the CISI Diploma in Investment Compliance. He is a CISI Chartered Wealth Manager and is based in London.
12 March 2019The New Capital Preservation
In the past, government bonds have more than adequately fulfilled the capital preservation part of the mandate, but they currently offer little yield and appear to be fundamentally mis-priced (overvalued). GAM Investments’ Julian Howard investigates the alternatives.
13 November 2018Opportunities and falling knives
Changes are coming which could present investors with opportunities to add meaningful value to their portfolios. GAM Investments’ Julian Howard highlights a number of such opportunities which are likely to create volatility, dislocations and openings across markets.
28 August 2018The Relentless Logic of the S&P 500
With so many apparent headwinds to global equity markets, GAM Investments’ Julian Howard examines the resilience of the S&P 500 index and finds justification for its relative invulnerability.
Tuesday, June 19, 2018Greenback Redux could be seismic
The US dollar has experienced significant moves in each direction during the era of the Trump administration. GAM’s Julian Howard explains why a further strengthening of the world’s reserve currency could have a bigger impact than previously.
Tuesday, January 16, 2018Are Super-Elevated Profits Serving Investors Well?
US profit margins as a percentage of GDP are close to all-time highs. For many, this is a sign of corporate health further corroborated by the S&P 500’s third quarter profit growth of over 11% on the previous year. Good news it would seem but GAM’s Julian Howard believes the real issue for investors is how long it will last and are sustained high profits even desirable?
Thursday, December 21, 2017Trouble With The Curve
When what is supposed to be a curve is more akin to a flat line, it can be interpreted as a sign of trouble ahead, as GAM’s Julian Howard explains.
Tuesday, July 04, 2017The Fed May Not Have Investors' Backs For Much Longer
The US equity market’s implicit guarantee against instability might be coming to an end. Julian Howard, Head of Multi Asset Solutions at GAM considers why now, and how investors can mitigate the risks and reposition for more reliable income.
Wednesday, May 31, 2017Why the End of the Trump Trade is Good for Markets
The so-called Trump trade is in trouble. As featured in Citywire Wealth Manager, Julian Howard, Head of Multi Asset Solutions at GAM, explains why this is good for markets.
Wednesday, April 19, 2017Cheer or Fear? The European Investment Dilemma
Europe’s election calendar reads like a political minefield, with prospects appearing all the more bleak with the French elections throwing up the possibility of a break-up of the euro zone and the European Union. Julian Howard, head of Multi Asset Solutions, considers the dilemma this presents for investors, particularly in light of an improving economic and earnings picture for both France and Europe.
Thursday, January 19, 2017Trump: Can He?
The inauguration of Donald Trump as the 45th President of the United States will be held tomorrow in Washington, D.C, marking the commencement of his four-year term in office. As featured on Citywire Wealth Manager, Julian Howard, Head of Multi Asset Solutions at GAM, considers what would constitute truly successful US economic policy and whether President-elect Trump can deliver it.