Deal will be finalised in Q4 and will create global asset manager with £53bn AuMA
GAM is looking to replace three members of its seven-strong board of directors at its AGM in May.
GAM Investments has begun the liquidation process of a number of its absolute return bond funds following the suspension of one of its lead fund managers.
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.
Matt Gibson has been made head of research in a newly created role at LCP Investment Consulting where he will be responsible for manager research.
Just one in eight European pension schemes plan to increase passive investment over the next three years while half will put more capital into active, according to a survey.
Russell Investments has expanded its advisory offering with the appointment of two additional directors to its consulting and advisory services team.
Matthew Lamb of GAM discusses how to use modern techniques to keep generating positive bond returns.
How schemes are embracing SRI, by Helen Morrissey