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

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note