GAM suspends dealing on Haywood's absolute return bond funds after 'high level' of redemptions

clock • 2 min read

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

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Paris Agreement - A reflection on net zero 10 years on

Partner Insight: Paris Agreement - A reflection on net zero 10 years on

As COP30 is under way, we are reflecting on the progress the world is making towards net zero, a decade since the Paris Agreement was adopted.

Carlota Garcia-Manas, Head of Climate Transition and ESG Engagement @ Royal London Asset Management
clock 04 December 2025 • 3 min read
People's Pension appoints Robeco to run £3.6bn emerging markets brief

People's Pension appoints Robeco to run £3.6bn emerging markets brief

Move comes in a shift from a passive to an active approach in bid to deliver higher returns

Jasmine Urquhart
clock 02 December 2025 • 2 min read
Interest in run-off and run-on rises

Interest in run-off and run-on rises

UK schemes shift from recovery to readiness as stronger funding brings endgame into focus

Jonathan Stapleton
clock 02 December 2025 • 4 min read
Trustpilot