Days before suspension, Haywood’s Clients fled GAM Feeder Fund
By Patrick Winters From Bloomberg In the days leading up to Tim Haywood’s suspension, one of his funds at Switzerland’s GAM Holding AG was showing an unusual pattern. The GAM Absolute Return Bond Fund – Master Fund, an Australian dollar-denominated…
GAM [Cayman Islands reg fund]: Shareholders’ Plan to Replace Chairman
From Finews GAM shareholders clearly are unhappy about the performance of the asset manager: A Zurich-based investor proposes its own candidate for election as chairwoman at the annual general meeting. GAM’s results haven’t convinced over the past years and the…
JTC Cayman acquisition bolsters fund administration capabilities
Independent institutional and private client service provider JTC has extended the capabilities of its Cayman Islands office to offer a broad range of fund administration services, following the completion of its acquisition of GAM’s fund administration business based there. Having…
JTC buys Cayman Fund administration business from GAM
JTC Group, the fast-growing provider of institutional and private client services, has expanded its operations in the Cayman Islands through the acquisition of GAM’s fund administration business. The deal, which remains subject to regulatory approvals, will see all 14 GAM…