Middle East

For over 25 years, GAM Investments has been operating in the Middle East, serving clients throughout the GCC, Israel and Cyprus. Our dedication to our clients in the region is unwavering, and we are actively engaged in the institutional, wholesale and family office spaces.
We regularly host portfolio manager and thought leadership events in the region to ensure our clients receive the best possible investment experience.
We continue our quest to bring our clients innovative, sustainable and intelligent ideas, along with service delivered by people who really care about our clients’ experience."
Philip Rosenberg, Managing Director, Head of Distribution Middle East

Our Thinking

Investment Opinions

7 min read

Goldilocks and the interest rate bear
23 March 2023

On the surface, the economic backdrop appears to have improved in recent months, with some commentators having seized upon this as evidence of a new ‘goldilocks’ period in the economy. GAM Investments’ Julian Howard examines whether this is a realistic scenario over the short-, medium- and long-term.

Investment Opinions

13 min read

Bye Buy American Pie
15 March 2023

Since the global financial crisis in 2008 US equities have significantly outperformed their counterparts from the rest of the world. GAM’s Global Head of Investments David Dowsett believes investor engagement with non-US assets could come to the fore this year as part of a long-term structural shift.

Investment Opinions

5 min read

Thematic Thoughts: The future of our food supply
10 March 2023

The future of our food supply

Distinctive by design

Our business continues to attract original and independent thinkers, bringing their distinctive, and often unique, styles. Here at GAM, our investment professionals are encouraged to develop their ideas, leveraging our global operations and risk framework to bring rigour to each approach.  Our strategies showcase the personality, passion and expertise of our investment managers and partners. We do not try to compete in all markets but rather we focus on the hard-to-access, niche areas where specialist expertise and strong conviction can have a real impact. This has helped us curate a collection of highly-differentiated, active investment strategies for clients to use alongside their core portfolios. 
What are Cat Bonds?

GAM's Partnership with Fermat Capital


03:42 min watch

Cat Bonds / ILS - John Seo
14 February 2023

John Seo reminds us of the significance of Hurricane Ian to the cat bond market, highlights the record level of yields and increasing supply of risk, and explains why he looks at yields of Japanese earthquake bonds in the secondary market.


3:58 min watch

Cat Bonds / ILS - John Seo
16 July 2021

John Seo discusses record issuance in the ILS market, how ESG credentials are attracting both new investors and new issuers, and what we might expect from the North Atlantic hurricane season.


08:13 min watch

Credit Opportunities – Gregoire Mivelaz
14 February 2023

Gregoire Mivelaz highlights the importance of inflation and central bank actions last year, the positive attributes of subordinated debt in the current environment, and the specific opportunity presented by the perception gap in extension risk.


05:30 min watch

Credit Opportunities – Gregoire Mivelaz
03 November 2022

Gregoire Mivelaz outlines why he believes his asset class is one of the sweet spots in the current market environment of inflationary pressure, rising rates and uncertainty.


6:15 min watch

Credit Opportunities – Gregoire Mivelaz
09 May 2022

Gregoire Mivelaz gives his views on a positive outlook for subordinated debt in a rising rate environment and reflects on the inflationary pressures and Fed hikes in 2022 so far.


5:12 min watch

Credit Opportunities - Gregoire Mivelaz
21 January 2022

Atlanticomnium’s Gregoire Mivelaz discusses three key events that impacted the asset class last year, his hopes for strong GDP growth throughout 2022 and alpha opportunities in subordinated debt investing.

Active Thinking

At GAM we have always sought out first-rate investment talent to manage our range of truly distinctive investments. Our Active Thinking insights showcase their ideas and research on the latest investment themes and innovations, macro and geopolitical activity, as well as broader industry trends, with a view to keeping our clients abreast of the latest investment thinking.
As markets change over time, we’re ready for the challenge. Independent and with a global presence, we have long recognised across all areas of our business that results beyond the ordinary can best be achieved by thinking beyond the obvious. Hear the latest views from our investment managers.
Active Thinking Forum

Active Thinking Videos

As markets change over time, we’re ready for the challenge. Independent and with a global presence, we have long recognised across all areas of our business that results beyond the ordinary can best be achieved by thinking beyond the obvious. Hear the latest views from our investment managers.

GAM in the News

GAM’s ME distribution head expects risk assets recovery in 2023

GAM Investment’s Middle East distribution head, Philip Rosenberg is optimistic about an investment recovery if macroeconomic headwinds subside by mid-2023.
(Source Citywire Middle East January 2023)

GAM Investments on Finding Opportunities in European Equities

In partnership with GAM Investments, Hubbis held a behind-closed-doors discussion on November 14 in Dubai, focusing on European equities and investor strategies for the year ahead.
Watch the video interview here.
(Source Hubbis December 2022)

Equity Investment Opportunities in the Emerging Markets: Could 2023 onwards be 2003-2008 all over again?

Following over a decade of poor performance relative to the Developed Markets (DM) arena, experts at GAM Investments believe the opportunity set within Emerging Market (EM) equities has not been as strong for many years, and that a confluence of positive factors could presage a similar, and possible even better, EM bull market run as enjoyed by investors between 2003 and 2008.
(Source Hubbis December 2022)

Is the emerging equities investment opportunity returning?

“They are much more modern. They’re much more resilient. They’re much more globalfacing than domestic demand-facing, and they dominate in areas of centers of excellence on a global basis, many of the modern industries of tomorrow, including that of EVs, robotics, and many would say AI as well, in addition to semiconductors.” ~ Tim Love
(Source Hubbis November 2022)

Opportunities for the year ahead

“Every time we experience a systemic crisis, and we tend to see some crisis every two and a half years, so this time is not different, we usually get full price recovery within six to nine months. That’s a so-called ‘pull to powerful bonds’.” ~ Gregoire Mivelaz.
(Source Hubbis July 2022)

The Quest for Safe and Reliable Income in Today’s Uncertain World

On March 2 in Dubai, Hubbis held its first live event since the pandemic struck in early 2020. It was also the first live manager meeting for our exclusive partner for the event, GAM Investments. The objective was to learn from key individuals in the Middle East wealth management community about their needs and the expectations of their increasingly sophisticated HNW and UHNW clients.
(Source Hubbis April 2022)



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GAM is home to some of the brightest minds in the industry across all areas of the business. Here we showcase a number of our non product related awards for our people and company.

Responsible Investing

At GAM, we take a holistic approach to responsible investment that includes a deep commitment to active investment and stewardship.