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-GAM CEO exits firm

Nov 06, 2018 - Global Banking News
Board and Executive Moves

Global Banking News - 06 November 2018

Zurich-based asset manager, GAM's chief executive, Alexander Friedman has quit his job at the firm.

The past few months had been turbulent for the company. It had recently suspended absolute return fund manager, Tim Haywood.

The firm had hired Friedman four years ago from UBS Wealth Management.

According to CityWire, GAM chair, Hugh Scott-Barrett, said, 'Alex has ably led the business during a time of unprecedented challenges for the...