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Press Release

10 June 2020

GAM expands emerging market debt team with appointment of investment manager

GAM Investments today announced the appointment of Richard Briggs as investment manager on the emerging market debt team, led by Paul McNamara.

Richard joined the team, responsible for managing GAM’s Local Emerging Bond and Emerging Market Rates, Emerging Market Opportunities Bond and hard currency Emerging Bond strategies, on 18 May. In his role, Richard will focus specifically on emerging market sovereign credit. He is based in London.

Richard joins from CreditSights, a credit research firm, where he spent seven years as a senior analyst and latterly led global emerging markets strategy and sovereign credit research. Prior to that, he was an economist with a focus on emerging Asia at Alliance Trust.

Richard holds a BA in Economics from Strathclyde Business School and an MSc in Financial Economics from the University of Glasgow. He also holds the CFA designation.

Paul McNamara, investment director for emerging market debt at GAM, said: “Richard brings in depth knowledge of emerging markets and in particular the sovereign credit market. His expertise will further strengthen our emerging market fixed income offering and he will be an important addition to the team as we continue to seek to deliver the best outcomes for our clients.”

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About GAM

GAM is a leading independent, pure-play asset manager. The company provides active investment solutions and products for institutions, financial intermediaries and private investors. The core investment business is complemented by private labelling services, which include management company and other support services to third-party asset managers. GAM employed 817 FTEs in 14 countries with investment centres in London, Cambridge, Zurich, Hong Kong, New York, Milan and Lugano as at 31 December 2019. The investment managers are supported by an extensive global distribution network. Headquartered in Zurich, GAM is listed on the SIX Swiss Exchange with the symbol ‘GAM’. The Group has AuM of CHF 112.1 billion1 (USD 115.8 billion) as at 31 March 2020.

1Including CHF 0.3 billion of money market funds as at 31 December 2019, which GAM agreed to sell to ZKB as announced with the H1 2019 results.

 

Important legal information

The information in this document is given for information purposes only and does not qualify as investment advice. Opinions and assessments contained in this document may change and reflect the point of view of GAM in the current economic environment. No liability shall be accepted for the accuracy and completeness of the information. Past performance is no indicator for the current or future development. All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed.