Gam targets wealth management at advisers

Gam, the Swiss fund manager, has begun marketing its wealth management services more actively to British financial advisers and may eventually launch fund versions of its model portfolios.

They only went slightly lower than £1 billion during the financial crisis.

Gam has a number of onshore funds that have outperformed over the long term under veterans like Gordon Grender and Andrew Green.

It has also launched a platform of funds regulated under the European Union’s Ucits III directive, which is designed to sell strategies run by in-house and external ­managers.