Apex and GAM

In July 2024, GAM reached a definitive agreement to transfer its Management Company activities in Ireland, Luxembourg, and the UK to Apex Group Ltd.
 
The transfer and sale of GAM Fund Management Ltd Dublin, including its in-house transfer agency, to Apex Group, was completed November 2024. GAM is also on schedule to transfer management company services for its funds in Luxembourg and the UK to Apex Group subsidiaries. This marks a significant step in GAM’s strategy to streamline its operations and focus on its core investment management capabilities for clients.
 
Apex Group is a leading global provider of financial services with over 13,000 employees globally, offering a global single-source solution providing all services required across the full value chain of the business via one convenient and efficient relationship.

GAM is delighted to announce the successful completion of this transfer to Apex Group. This signifies a pivotal moment for GAM as we streamline our operations to focus on delivering exceptional investment management services to our clients. Partnering with Apex Group empowers us with enhanced operational efficiency and scalability, ensuring we can meet our clients' evolving needs effectively.
 
Peter Hughes, Founder and CEO of Apex Group, said:
"We are thrilled to finalise this transaction with GAM and welcome them into the Apex Group. Our collaboration is a significant milestone that aligns with our mission to provide comprehensive financial services globally. We are committed to leveraging our expertise to support GAM in achieving unparalleled operational efficiency, scale and client satisfaction."

GAM Star Fund Range

Lux Funds

Multicooperation SICAV (umbrella fund)

Sub-fund: GAM Galena Commodities

Transfers to become a sub-fund of GAM Star (Lux) SICAV on 7 November 2025. Investment managers, strategy, process, ISINs, dealing terms all remain unchanged.ulticooperation SICAV (umbrella fund)

Sub-fund: GAM Multi Asset Strategic Allocation (MUSA)

Sub-fund will be transferred to Multilabel SICAV managed by Carne Group, with AcomeA SGR appointed as investment manager. New Global Distributor: Carne Luxembourg.

All other sub-funds of the Multicooperation SICAV were transferred to Carne Group on 1 February 2024. These transfers mean the Multicooperation SICAV leaves the GAM universe of GAM-managed funds. As of 14 November 2025, GAM will no longer provide investment, global distribution or fund management services to any of the sub-funds.

UK OEICS

*UK platforms will be offered the addition of GAM UK funds to any existing distribution agreements with Apex Fundrock UK