Gam replaces Asia head amid global shakeup
The Swiss fund house has named a new regional chief. His predecessor and the Asia head of distribution have departed, the latter to UBS Wealth Management.
Gam has replaced its head of Asia Pacific as part of a reorganisation by new group head of sales Tim Rainsford, AsianInvestor can reveal. The Swiss asset manager, which is under pressure from activist investor RBR Capital and other shareholders after a challenging 2016, is looking to its refresh its strategy in the region.
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