Launches & Closures

GAM to launch emerging markets onshore UCITS


GAM has hired former Cazenove and CQS duo Tim Love and Joaquim Nogueira to run a new emerging markets fund that will be launched next year under the group’s GAM Star UCITS-compliant onshore fund range.

Love joins as investment director, reporting to GAM group chief executive officer David Solo, while Nogueira joins as investment manager. Both men will work in GAM’s London office and the new fund – which GAM describes as “an actively-managed long emerging markets equity fund” – is expected to launch in the first quarter of 2012.

The managers join from CQS, where they managed a