Ex-Gartmore Man Williams Joins MAM

Dec 17 2010 | 12:43am ET

Gervais Williams, whose departure from Gartmore Group in September coincided with the beginning of an avalanche of bad news for the firm, has joined MAM Funds.

Williams has been named a managing director at the much smaller firm, formerly Midas Capital and Mitron Asset Management. The hire is part of MAM's plan to raise £20 million in new capital.

Williams had been one of Gartmore's longest-serving fund managers and led its Irish-listed and small-cap funds. His exit led one of those funds, the £51 million Growth Opportunity Fund, to fire Gartmore.

Since Williams' exit, Gartmore has been thrown into turmoil by a series of high-level departures, most importantly that of star hedge fund manager Roger Guy. Gartmore is now actively seeking a buyer or merger partner.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...