The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.

GAM, the fund manager and part of Zurich-listed GAM Holding, has appointed Romain Miginiac as co-fund manager of GAM’s Credit Opportunities investment strategy. 

The former strategy and the GAM Sustainable Climate Bond strategy are managed by Atlanticomnium, an independent Geneva-based fund management company. Atlanticomnium, which has specialised in credit investing since it was founded in 1976, has managed assets for GAM since 1985 as delegated investment advisor.

Miginiac, who is based in Geneva, co-manages the strategy alongside existing managers Anthony Smouha, Gregoire Mivelaz and Patrick Smouha. The appointment took effect on 1 October.

In addition to this new role, Miginiac will remain co-fund manager of the GAM Sustainable Climate Bond strategy and head of research at Atlanticomnium. Prior to joining Atlanticomnium in September 2018, Miginiac spent two years as credit analyst at Aberdeen Standard Investments, covering European financial institutions. Before that, he worked at KPMG and UBS in financial services audit and wealth management, respectively. 

Earlier in October, GAM Holding, which had been the target of a takeover bid by Liontrust Asset Management (now abandoned) named a new chief executive. In another move announced this week, Flavio Cereda joined GAM as co-investment manager for the firm’s luxury brands investment strategy, effective 9 October. London-based Cereda is part of the European equity team led by Niall Gallagher, investment director of the European equity funds.