On 12th October 2017, GAM announced that Andrew Green, lead manager of the GAM Global Diversified fund, will be handing management responsibility for the fund to Ali Miremadi. As a result of this news, we have removed the fund from The Adviser Centre’s Recommended list.
Mr Green has been involved with the fund since its launch in 1984. He will continue to manage a number of mandates and will provide advice and support to GAM’s equity teams in the new role of director of global equities strategy. The expectation is that this transition will take place over the coming months and be completed by 1st January 2018.
Mr Miremadi joined GAM in 2016 as part of the acquisition of Taube Hodson Stonex (THS), a UK-based global equity investment firm. THS was a long-standing sub-adviser to the GAM Star Worldwide Equity fund before it was acquired.
Given the significance of this change, we have removed the fund from The Adviser Centre.
Mr Green is one of the great value investors of our time, deploying a distinctive and unwavering contrarian approach. We wish him every success for the future.
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