Denise Prime has taken an early retirement from GAM following a 13-year career at the firm.
In a statement to Investment Week, a spokesperson for GAM "thanked her for her outstanding contribution to the team and to GAM". Prime was the lead manager on the $80.7m GAM Star Emerging Market Rates fund, which will be taken over by Paul McNamara, who has co-managed the fund with Prime since 2010. Questions raised over 'management credibility' as Liontrust fails to buy GAM He will be joined by Michael Biggs and Markus Heider as co-managers on 1 September, with the pair also stepping onto GAM's ranges for EM rates, local emerging bond and sustainable local emerging bond investment...
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