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
AUSIEX has announced it will acquire FIIG, a specialist fixed income provider with $4.5 billion in funds under advice.
Platinum Asset Management has announced it is in discussions with a global alternatives fund manager regarding a possible merger to create an $18 billion firm.
JP Morgan Asset Management has appointed an ETF specialist from Vanguard as it seeks to expand its ETF range.
The alternative asset manager has expanded its Singapore office with a head of Asian distribution, representing a “critical step” for the Asian business, where it is seeking to launch new offerings.
