Gam International Management handed £9.1m fine
And ex-bond manager receives a £230,037 penalty
And ex-bond manager receives a £230,037 penalty
Senior management shake-up as takeover rumours continue to swirl
UK regulator remains tight-lipped on ongoing Tim Haywood saga
Tim Haywood was sacked for ‘gross misconduct’ by Gam but he claims he is being scapegoated
Tim Haywood dismissed for ‘gross misconduct’
Excluding Haywood’s fund range, net outflows were CHF5.3bn
Compliance issues that resulted in Tim Haywood’s exit hit the firm’s reputation and flows.
Chief executive says group will protect employee who blew the lid off star manager’s conduct issues
Cayman fund investors to get back less than those in Luxembourg and Irish funds
Closed unconstrained fund range was available to retail investors despite complex derivatives and currency swaps
The Swiss fund group has been criticised for its “panicky” handling of lead bond manager Tim Haywood’s suspension