Wealth Manager - the site for professional investment managers

WM - Wealth Manager
Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

GAM slashes fees as it rebrands multi-asset funds

Asset manager's MPS range undergoes name change to better reflect its positioning.

GAM slashes fees as it rebrands multi-asset funds

GAM is set to review the fee structure for one of its multi-asset fund ranges, Wealth Manager sister title Citywire Selector has learned.

The changes will concern the multi-asset MPS range, which is currently managed by Charles Hepworth (pictured) and James McDaid.

In the internal note, the asset manager said the team will intensify its focus on cost efficiency at an underlying fund level in order to continue to deliver outperformance for clients.

This will involve slashing fees of the fund range. At the time of publication, a spokesperson for the firm could not confirm the exact new level of fees.

In addition to better reflecting the investment offering of the funds and their portfolio holdings, the firm has decided to add the word ‘global’ to the name of each fund in the range.

The strategies concerned will be renamed as follows:

  • GAM Star Global Defensive;
  • GAM Star Global Cautious;
  • GAM Star Global Balanced;
  • GAM Star Global Growth;
  • GAM Star Global Dynamic Growth

Share this story

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Share this story


Related Fund Managers

James McDaid
James McDaid Average Total Return:
444/480 in Equity - Global (Performance over 3 years)
Charles Hepworth
Charles Hepworth Average Total Return:
443/480 in Equity - Global (Performance over 3 years)

Top stories

Read More