This is a newly-created role, reporting to the firm's chief executive, Alexander Friedman.

Zurich-headquartered GAM, the asset manager, has recruited Matthew Beesley from Henderson as head of equities.

Before his stint at Henderson, where he was head of global equities, Beesley held portfolio manager roles at Trinity Street Asset Management, JP Morgan Asset Management and Mercury Asset Management/Merrill Lynch Investment Managers.

In his new role at GAM, he is tasked with optimising performance and risk management, ensuring strong links with sales, marketing and operations, and driving information collaboration across teams.

He starts on 6 March and will be based in London.