GAM transfers investment team of Global Rates strategy to Investcorp-Tages

investmentweek.co.uk:

Adrian Owens, Rahul Mathur and Scott Watson will join Investcorp-Tages.

Adrian Owens, Rahul Mathur and Scott Watson will join all Investcorp-Tages as part of the deal.

The transition is expected to be completed in 2024 and after that, the fund will be co-branded as GAM Investcorp-Tages Global Rates fund. It will continue to be distributed by GAM, with Investcorp-Tages also distributing the fund through its client channels.

Investcorp-Tages will also develop and launch new funds and managed accounts with the team utilising the same «historic» investment process.

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Owens has over 35 years of industry experience, having originally joined Julius Baer in 1995 before moving to GAM in 2009.

Rahul Mathur has 17 years of investment experience and joined GAM in 2010 after working as a fund analyst at Tarchon Capital Management for over four years.

Scott Watson has 12 years of investment experience and joined GAM in 2006.

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Elmar Zumbuehl, CEO of GAM, said he was looking forward to the partnership and expressed gratitude to the investment team for ensuring a «seamless transition».

Salvatore Cordaro, co-CEO of Investcorp-Tages, added: «We are delighted to welcome Adrian and his very talented team to our firm, and equally are grateful to GAM for developing a partnership arrangement that works for all parties, most importantly investors in the existing GAM fund.»  

GAM has also entered into agreements with Jupiter Asset Management for their UK Equity Income fund to be transferred to Jupiter along with the two portfolio managers.

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