GAM has suspended trading in its unconstrained and absolute return bond funds as a result of the high level of redemption requests following the suspension of manager Tim Haywood earlier this week.
Haywood was suspended by GAM on 31 July following an internal investigation into issues relating to his risk management procedures and record keeping. In a statement, GAM stressed that the investig...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
