Asset manager take over and new systematic investment platform
Global asset management firm, GAM, has acquired a UK based asset manager, Cantab Capital Partners and has launched a systematic investment platform on the back of rising demand.
GAM said, Cantab, an industry-leading systematic multi-strategy asset manager based in Cambridge, would be a cornerstone of GAM's new platform.
The manager said, Cantab, managed US$4 billion of institutional client funds worldwide.
The new investment platform, ‘GAM Systematic' was dedicated to systematic scalable investing, a growing sector of the market, said, the manager.
It would offer products and services across liquid alternatives and long-only assets, which included equities and debt, GAM said.
"Leading systematic strategies are attracting substantial allocations from investors globally due to their compelling returns and rigorous, disciplined investment processes," the manager said.
The platform would complement GAM's successful active discretionary investment offering, and serve as a hub for new developments, technologies, ideas and approaches to systematic strategies and products, GAM said.
Recommended for you
Former Platinum co-founder James Simpson will take up a non-executive role at Income Asset Management as two directors retire.
Bell Financial Group has announced a 44 per cent decline in half-year net profit after tax but record funds under advice as it transitions into a diverse wealth management business.
Having predicted three ETF trends for Australia at the start of this year, State Street has shared how these are tracking and whether Australia will successfully reach US$30 billion ETF inflows for 2025.
Magellan fund manager Nikki Thomas is to depart next month as the firm reviews its range of global equity funds and transitions her High Conviction fund.
