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Larry Hatheway

Larry Hatheway - Group Head of GAM Investment Solutions and Group Chief Economist

Larry Hatheway is group head of investment solutions and group chief economist overseeing GAM's private clients, charities, multi asset and alternative investments solutions teams.

Until December 2018 he was also a member of GAM Holding AG's Group Management Board. Prior to joining GAM Investments in September 2015, he was managing director and chief economist at UBS Investment Bank. He was UBS’s global head of macro strategy from 2008 to 2012 and global head of asset allocation from 2000 to 2012. Larry was also UBS’s global head of fixed income and currency strategy. Before joining UBS in 1992, he held roles at the Federal Reserve, Citibank and Manufacturers Hanover Trust. Larry holds a PhD in economics from the University of Texas, an MA from the Johns Hopkins University, and a BA from Whitman College.

Larry Hatheway

My Insights

Macroeconomics 5 min read

Global Markets Q4 Outlook: Recession or Resilience?

3 October 2019

Over the final quarter of 2019, the tug of war between economic resilience and recession risk is likely to dominate market outcomes and asset allocation decision making. The asset allocation committee outlines its views below.

5 min read
Investment Opinions 5 min read

Jobs aren't enough

21 August 2019

The current US economic expansion is extraordinary. It rivals the longest on post-war record. Unlike its predecessors, it has not unleashed much inflation. Corporate profits have soared to unprecedented levels. Economic inequality is at its most extreme in a century.

5 min read
Macroeconomics 3 min watch

Larry Hatheway on Markets: There is no alternative (TINA)

18 July 2019

GAM Investments’ Larry Hatheway outlines his latest multi-asset views, discussing whether TINA (‘There Is No Alternative’) is fuelling global equity demand, how market leadership needs to shift and why selectivity is central for asset allocation.

3 min watch
Multi Asset Perspectives 4 min read

Multi Asset Perspectives: Selectivity is Key

9 July 2019

Earlier this month, the asset allocation committee met to discuss the investment outlook at the start of the third quarter. Following powerful rallies in stocks and bonds in the first half of the year, the committee focused on the prospects for asset returns for the remainder of 2019.

4 min read