Jian Shi Cortesi, who manages the GAM Asia Focus and GAM China Evolution strategies, and Roberto Bottoli, who manages the GAM Star (Lux) Merger Arbitrage strategy, are joining Mark Hawtin’s Global Equities Team along with Swetha Ramachandran, who manages GAM’s Luxury Brands Equity strategy.
Jian Shi Cortesi, who manages the GAM Asia Focus and GAM China Evolution strategies, and Roberto Bottoli, who manages the GAM Star (Lux) Merger Arbitrage strategy, are joining Mark Hawtin’s Global Equities Team along with Swetha Ramachandran, who manages GAM’s Luxury Brands Equity strategy.
Hawtin has over 37 years of investment experience, is AA-rated on Citywire and is manager of the GAM Star Disruptive Growth and GAM Star Alpha Technology strategies. He will lead this collaboration to create a broader forum to exchange expertise, knowledge, and ideas for a team that will now manage approximately USD2.5 billion of assets.
As part of this broader realignment, GAM will also be supporting the global equities team with extra research and analyst resources to leverage the continuing success of the equities strategies. We believe these changes will continue to drive investment returns for our clients through enhanced collaboration amongst our experienced investors.
As part of this optimisation process, GAM also periodically closeS funds that are too small to be managed efficiently or we believe have limited growth prospects. GAM HAS concluded, together with Gianmarco Mondani, Head of the Non-directional Equity Team in Lugano, to close the funds listed below. Gianmarco has decided to leave GAM and we would like to thank him for his service to GAM and our clients.
The funds which have a total of cEUR 258 million AUM, as at 14 September 2021, and which will close are:
• GAM Star (Lux) European Alpha, GAM Absolute Return Europe Equity and GAM Star (Lux) European Momentum, managed by Gianmarco Mondani and Paolo Longinotti;
• GAM Star (Lux) Global Alpha, managed by Davide Marchesin and Aldo Meroni; and
• GAM Star (Lux) Convertible Alpha, managed by Jonathan Stanford
In addition to Gianmarco, GAM anticipates that around 16 employees from Lugano will leave the firm, including the investment managers who currently manage the strategies we have decided to close, along with various support and operations roles. GAM would like to thank them all for their professionalism and long track record of serving our clients. They each leave the firm with our best wishes.
