Wednesday, 30 July 2014
Last updated 13 hours ago
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…