Swiss asset manager GAM Holding has hired Larry Hatheway as new group chief economist.
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In his newly created role, Hatheway will oversee a centralised macroeconomic competency for GAM’s multi-asset-class solutions (MACS) business, and complement the specialized expertise of the company’s investment teams.
In addition, he will serve as a key resource for GAM’s individual investment teams, which work independently in defining and executing their strategies.
Hatheway will work alongside Graham Wainer, group head of investments – MACS, and the MACS Investment Team, to help determine its global asset allocation strategy as it applies to pension funds, HNWIs, family offices, charities, endowments and their advisors.
GAM Group CEO Alexander Friedman said: "He will be a tremendous asset to GAM and to our clients. Increasingly, clients look not only for investment solutions and asset allocation decisions, but also deep insight into market dynamics.
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By GlobalData"Larry’s experience and stellar reputation will ensure that we bolster our multi-asset offering and continue to build on GAM’s reputation as a home for some of the leading investors in our industry."
Hatheway joined GAM from UBS Investment Bank, where he worked as managing director and chief economist. Prior to this, he has worked with the Federal Reserve, Citibank and Manufacturers Hanover Trust.
