Suspension of disbelief: Inside the scandal that shook GAM
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The suspension of Tim Haywood will go down as a landmark moment in the history of Swiss asset management firm GAM. But, what was the situation prior to the event and how have things changed in the four years since the head of its absolute return bond unit was dismissed.
In this two-part series, Citywire’s Chris Sloley and Niamh Doyle recount the lead-up to the shock announcement in July 2018, what happened to the company in the immediate aftermath and also hear from international fund buyers about their experience and understanding of how things unfolded.
In this first episode, we rewind the clock to uncover how GAM was functioning in the years leading up to the fateful market update, as well as casting an eye on how the Swiss group dove headlong into crisis management as its share price dropped.
In this two-part series, Citywire’s Chris Sloley and Niamh Doyle recount the lead-up to the shock announcement in July 2018, what happened to the company in the immediate aftermath and also hear from international fund buyers about their experience and understanding of how things unfolded.
In this first episode, we rewind the clock to uncover how GAM was functioning in the years leading up to the fateful market update, as well as casting an eye on how the Swiss group dove headlong into crisis management as its share price dropped.
