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GAM Makes Double Appointment For New EM Fund

Wendy Spires

14 December 2011

GAM, the Switzerland-headquartered investment manager, has appointed Tim Love as investment director and Joaquim Nogueira as investment manager in London.

Love and Nogueira, who were both recruited from CQS, have been appointed to manage a new UCITS product in the GAM Star range - an actively-managed long emerging markets equity fund which is expected to launch in the first quarter of 2012.

While at CQS the pair had managed a long/short emerging market equity portfolio, with Love as senior portfolio manager and Nogueira as portfolio manager. 

In their new roles Nogueira will report to Love, with Love in turn reporting to David Solo, group chief executive of GAM.

“Emerging market equities present a compelling investment case given the breadth of opportunities to be potentially exploited – for example strong and differing growth rates across emerging markets countries and the impact on both currencies and equity valuations,” Solo said in a statement.

In other recent hires, last month saw the addition of Anthony Lawler to the senior management team of GAM’s funds of hedge funds group.

Lawler, who joined from Man Group, where he was head of portfolio management, is now based in London and reports to David Smith, chief investment officer of GAM's multi-manager arm.