Tuesday, October 27, 2009
GAM Appoints European Equity Fund Manager
GAM announces the appointment of Investment Director, Niall Gallagher
Niall will join GAM’s London office on 2 November 2009 to manage the company’s European long only equity strategies, which include GAM Star European Equity and GAM Star Continental European Equity, with effect from early December 2009.
David Solo, Group Chief Executive Officer at GAM, said: “Niall is an experienced investor, having researched and managed European equities for 12 years. His disciplined approach as a fundamental, bottom-up, unconstrained investor and his track record of outperformance make him a great fit with GAM. We are delighted that he has decided to join us.”
Niall seeks to produce attractive risk-adjusted returns using a rigorous approach to portfolio construction and a clearly defined, risk-based methodology. Careful stock selection and position sizing mean that his portfolios are focused and combine the best of his ideas from across a range of investment styles.
Niall commented: “The philosophy and investment culture at GAM give fund managers the freedom to invest according to their own convictions. This, combined with GAM’s supporting infrastructure and extensive resources, is an appealing proposition for managers who thrive in a performance-orientated environment.”
Prior to joining GAM, Niall managed pan-European and continental European equities at T. Rowe Price for two years. Previous to this, he was at BlackRock for nine years, where he was an investment analyst then managed both continental and pan-European equities strategies. He began his career as an economist at the Bank of England. Niall has a BSc in Economics from Manchester Metropolitan University and an MSc in Economics and Finance from Warwick University. Niall is a CFA charterholder and is based in London.