The fund servicing specialist has boosted its fund research capabilities.

Allfunds Bank has hired an investment analyst from GAM, Yusuf Durmaz, within its fund research team.

Durmaz will join the London team in September after almost five years with GAM, where he was involved in fund research and selection in the hedge and long-only universe. In his new role, he will be part of a team researching global long-only equity funds and will report to the head of global research, Enrique Pardo. 

Before GAM, Durmaz was an analyst at Credit Suisse. Prior to that, he was a senior quantitative analyst at Clontarf Capital.

Last week, Allfunds appointed former Royal Bank of Canada director Nick Emmins to spearhead its new investment research offering to UK wealth managers and other third-party fund buyers.