Gam makes Swiss acquisition

Gam is set to acquire Swiss absolute return specialist Arkos Capital, which has assets under management of CHF 664m (£467.3m).

All staff at the Lugano-based firm will be retained, with the Arkos range – managed by its eight strong investment team – to be distributed under the Gam branding.

David Solo, chief executive of Gam, says: “Arkos represents a valuable addition to Gam, fully in line with our growth strategy.

“It has an outstanding track record of alpha generation and will substantially enhance and expand our in-house single manager offering.”

He adds: “Most importantly, its exceptional investment team shares our commitment to fundamental analysis and truly active management, making it a perfect addition to GAM’s culture.”