13/12/2011 Author: Kirstie Brewer

GAM appoints new emerging markets fund manager

GAM has hired Tim Love and Joaquim Nogueira to manage a new fund which aims to tap into the growth potential in emerging market economies.

Love has been appointed investment director, while Nogueira assumes the position of investment manager. Both join from CQS, where they managed a long-short emerging market equity portfolio.  

The London based roles will involve managing a Ucits product in the GAM Star range, a long emerging markets equity fund expected to launch in Q1 of 2012.

Commenting on the new appointments, David Solo, group chief executive officer at GAM said: “Emerging market equities present a compelling investment case given the breadth of opportunities to be potentially exploited – for example strong and differing growth rates across EM countries and the impact on both currencies and equity valuations.”

“Tim and Joaquim’s active management approach has a track record of being able to capture these opportunities and we are delighted to have them on board,” he added.