Since September 2016, he has been group head of investment solutions and group chief economist, overseeing GAM's private clients, charities, multi asset and alternative investments solutions teams. Prior to joining the Group, 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. He was born in 1958 and is a US and UK citizen.
21 February 2019
Multi asset perspectives: Scaling backEarlier this month the asset allocation committee met to discuss the investment outlook following the strong January equity market rally. The clear consensus was that it is time to scale back exposure to global equities, given the unsustainable bounce witnessed early this year. A brief summary follows.
29 January 2019
Larry Hatheway on Markets: a year of modest returns?GAM Investments’ Larry Hatheway outlines his latest multi-asset views, discussing whether we could be looking at a year of modest returns and higher volatility, how important non-directional strategies are likely to be and the risks to his base case.
24 January 2019
Multi Asset Perspectives: Cautious optimismEarlier this month the asset allocation committee met to discuss the investment outlook for early 2019, following the market tumult of Q4 2018. A brief summary follows.
17 January 2019
Outlook 2019: Non-Directional InvestmentsWe asked a number of our fund managers to consider why non-directional investment strategies might be of interest in a more challenging post-peak environment.
27 December 2018
Holiday Wish List 2019In recent years I have penned a year-end holiday wish list. Occasionally, those wishes have materialised in the following 12 months. Often they have not. Either way, making wishes is an expression of hope. That is a worthy endeavour as one year draws to a close and we look forward to the next.
18 December 2018
Multi Asset Perspectives: 2019 outlookIn early December the asset allocation committee met amid recent market volatility to consider the outlook for 2019. A brief summary follows.
13 December 2018
Outlook 2019: Investing in a post-peak environmentWe asked a number of our fund managers to outline the post-peak environment and consider what it means for their respective asset classes in 2019.
6 December 2018
Outlook 2019: key eventsWe asked a number of our fund managers which key events they are looking out for in 2019 and what the impact is likely to be for their respective asset class.
4 December 2018
Larry Hatheway on Markets: Continued market volatilityGAM Investments’ Larry Hatheway outlines his latest multi-asset views, discussing whether he expects market volatility to spread beyond global equities, if any region could be poised to replace the US as the driver of growth and what catalyst could encourage investors to re-engage with markets.
20 November 2018
Multi Asset Perspectives: Post-peak traumaEarlier this month the asset allocation committee met amid the market volatility of Q4 2018 to consider the outlook through year-end. A brief summary follows.