GAM unveils new partnership, transfer of UK equity team and new strategy for Europe

GAM Investments unveiled plans today (20 November) for a new partnership with Investcorp-Tages, the transfer of its UK Equity Income team to Jupiter Asset Management and a new "private shares strategy" to be launched in Europe. The partnership arrangement with Investcorp-Tages (IVCT) sees the investment team of GAM's Global Rates strategy moving to IVCT but continuing to manage the strategy for GAM as a delegated investment manager, similar to other successful relationships GAM has with external managers. Once the transition is completed, expected in the beginning of 2024, the fund wi...