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Larry Hatheway

Larry Hatheway joined GAM Holding AG as group chief economist in 2015 and was appointed to the Group Management Board in May 2016.

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.

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    23 May 2018

    Larry Hatheway on Markets - May 2018

    Group Head of GAM Investment Solutions and Group Chief Economist, Larry Hatheway, discusses whether markets are likely to remain range-bound for the rest of the year, what factors are behind the change in market sentiment, and if financial conditions and policy settings are still supportive of global growth.

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    18 May 2018

    Weekly Manager Views

    Please find below the notes from GAM’s Weekly Investment Meeting on 16 May 2018 – this week’s speaker was Larry Hatheway, commentating on the fact markets are currently struggling to find a direction.

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    16 May 2018

    Multi Asset Perspectives – Caution Prevails

    In contrast to the year’s earlier volatility, markets are currently range-bound and lack conviction. Against this backdrop, the Asset Allocation Committee met last week to discuss investment strategy. A brief summary follows.

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    04 May 2018

    Weekly Manager Views

    Please find below the notes from GAM’s Weekly Investment Meeting on 2 May 2018 – this week’s speakers were Larry Hatheway, commentating on the latest macro events, and Mike Biggs, discussing a new approach to accessing emerging market local debt.

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    20 April 2018

    Larry Hatheway on Markets - April 2018

    Chief economist and head of GAM Investment Solutions, Larry Hatheway, discusses whether the recent equity market sell offs are indicative of fundamental issues or more sentiment driven and in fact a buying opportunity, if we should be concerned about an escalation in trade wars between the US and China as well as other markets, and whether global growth is peaking.

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    10 April 2018

    Multi Asset Perspectives - Buying time

    Buying time

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    06 April 2018

    The Post-New Normal Era

    As featured in Bloomberg Prophets, GAM’s Larry Hatheway believes that higher US wage inflation is leading market participants to doubt that the Fed can remain committed to "gradual normalisation."

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    28 March 2018

    Larry Hatheway on Markets - March 2018

    Chief economist and head of GAM Investment Solutions, Larry Hatheway, discusses what happened to the markets in early February, how significant the spectre of US protectionism will be and whether markets should be worried about rising inflation.

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    19 February 2018

    Larry Hatheway on Markets - February 2018

    Chief economist and head of GAM Investment Solutions, Larry Hatheway, discusses the changing macroeconomic environment, including whether we are reaching the end of the equity bull market, his expectations for inflation and monetary policy and the implications for portfolio construction.

  • Larry-Hatheway

    14 February 2018

    The post-new normal has arrived

    The post-new normal has arrived

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.