GAM has appointed David Dowsett as global head of investments with effect from 4 April 2022, and will join from BlueBay Asset Management.
Dowsett’s main responsibility will be to manage and lead the firm’s investment teams, acting as a counsel and organiser to facilitate “an open and transparent investment culture”. He is set to report directly to Peter Sanderson, GAM’s CEO.
Sanderson said: “I am delighted that David is joining GAM, he brings with him a wealth of experience and he will provide strong leadership for our investment teams as we deliver for our clients and grow the firm.”
GAM’s current global head of trading, Juan Landazabal, is being promoted to head of investment platform. He will report to Dowsett once the pair are in their new roles.
GAM also announced the departures of both Anthony Lawler, head of GAM systematic and multi-asset businesses, and Greg Clerkson, head of discretionary investments, saying that the pair had decided to leave the firm following “significant contributions to putting GAM on track for growth”.
Dowsett also spoke on his new role.
He said: “I am very excited to be joining GAM at this point in its strategic transformation. The management team has built a robust platform for growth and I aim to help the firm capitalise on recent strong investment performance.
“GAM will always be an investment firm with no ‘house view’, but I believe my track record of investment expertise and experience of building commercially viable investment products can contribute to the success of the firm in meeting its strategic goals.”
Dowsett was at Bluebay for 18 years where he held a number of roles, including co-CIO, partner and member of the management committee.
He acted as lead portfolio manager for a $20 billion strategy and oversaw the firm’s management of its $60 billion in assets under management.
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