Conflicts, confidence and clients: Selectors’ long-term lessons from the GAM scandal

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Even those with a physical copy of the Swiss firm’s conflict of interest policy couldn’t believe what had happened.

‘If you lose the confidence of your clients, you lose everything’. The impact of the Tim Haywood scandal on GAM as a company was apparent, but what about investment professionals either invested with or closely monitoring the Swiss company?

In the second part of our special podcast, ‘Suspension of disbelief’, fund buyers reveal what they remember about the crisis as it unfolded, how it affected their interactions with the firm and what longer term lessons they have taken from the event.

We hear from Paul Gambles, co-founder of Thailand-based investment company MBMG Group, as well as portfolio manager and analyst Pierre Molinero of OFI Asset Management. For the first episode, which covered the lead-up and immediate aftermath of the crisis, click here.
2 Aug 2022 English South Africa Business

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