Zurich-headquartered GAM has appointed Perhad Merwanji as portfolio director for the private clients and charities business.
Merwanji, based in London, will report to both Kier Boley and Andrew Jenkins, who co-head GAM’s managed portfolio solutions team. He will be responsible for the management and development of multi-jurisdictional assets aimed to high net worth individuals, family offices and charities.
He joins from UBS Wealth Management, where he was head of portfolio advisory and capital markets for 11 years. Formerly, he was a senior fund manager at Royal London Asset Management, where he focused on US equity funds. He also worked at Schroders Investment Management and Royal & Sun Alliance Investment Management.
The appointment follows the integration of the private clients and charities team, the alternative investment solutions and the multi-asset class solutions business into GAM Investment Solutions in September 2016.
Larry Hatheway, head of GAM Investment Solutions, said: “We are delighted to welcome Perhad to the team. He brings 23 years of experience of fund management and client services and he will add to our considerable expertise across investment strategies, asset classes and portfolio construction.
“His appointment reinforces our commitment to the private client and charities business and will help fulfil our core strategy in GIS of delivering bespoke multi asset investment solutions for our clients.”