12 October 2023
Romain Miginiac appointed Fund Manager for GAM Star Credit Opportunities strategy
GAM, today announces the appointment of Romain Miginiac as co-fund manager of GAM’s Credit Opportunities investment strategy. Romain will co-manage the strategy alongside existing managers Anthony Smouha, Gregoire Mivelaz and Patrick Smouha, effective 1 October 2023. He is based in Geneva.
The GAM Star Credit Opportunities strategy as well as the GAM Sustainable Climate Bond strategy are managed by Atlanticomnium S.A., an independent Geneva-based fund management company, which has specialised in credit investing since it was founded in 1976 and has managed assets for GAM since 1985 as delegate investment adviser.
The GAM Star Credit Opportunities strategy seeks to generate a steady high income from bonds of predominantly investment grade companies, with a focus on junior or subordinated debt in order to capture higher yields. The strategy, launched in 1985 is part of GAM’s successful range of fixed income strategies and has demonstrated a strong track record since inception.
In addition to this new role, Romain will remain co-fund manager of the GAM Sustainable Climate Bond strategy and Head of Research at Atlanticomnium.
Prior to joining Atlanticomnium in September 2018, Romain spent two years as credit analyst at Aberdeen Standard Investments, covering European financial institutions. Before that, he held positions with KPMG and UBS in financial services audit and wealth management, respectively.
Anthony Smouha, CEO Atlanticomnium and fund manager of the GAM Credit Opportunities strategy said: “We are very pleased to appoint Romain a co-fund manager of GAM Star Opportunities. As Head of Research for the last five years and a fund manager of the GAM Sustainable Climate Bond strategy for over two years, he has given invaluable insight to our strategies, where the return potential is now the most attractive it has been for many years. Romain’s new role represents our continued aim to deliver excellent performance for our clients.”
Romain Miginiac, Head of Research at Atlanticomnium and fund manager of the GAM Credit Opportunities strategy said: “I am delighted to take on the responsibility of fund manager for the GAM Star Credit Opportunities strategy. I look forward to co-managing the strategy, which has one of the longest track records within subordinated debt, alongside a team of experienced individuals. This comes at an exciting time, given both the extraordinary double-digit yields on the strategy but also the opportunity to take part in GAM’s new journey.”
For further information please contact:
| Charles Naylor Head of Communications and Investor Relations T +44 7890 386 699 |
|
| Media Relations Ute Dehn Christen T+41 58 426 31 36 |
|
Visit us at: www.gam.com
Follow us on: Twitter, LinkedIn
GAM
GAM is an independent investment manager that is listed in Switzerland. Total assets under management were CHF 68 billion as at 30 June 2023, with Investment Management at CHF 21.9 billion and Fund Management Services at CHF 46.1 billion. GAM has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. It has 3,500 clients globally, of which c. 2,700 are based in Europe. Headquartered in Zurich, GAM Investments was founded in 1983 and its registered office is at Hardstrasse 201 Zurich, 8037 Switzerland.
Atlanticomnium S.A.
Atlanticomnium is an independent investment management company specialising in investing in corporate bonds based in Geneva and London. Atlanicomnium has actively managed bond portfolios since 1976, through the full spectrum of several economic and credit cycles.
Other Important Information
This release contains or may contain statements that constitute forward-looking statements. Words such as “anticipate”, “believe”, “expect”, "estimate", "aim", “project”, “forecast”, "risk", “likely”, “intend”, “outlook”, “should”, “could”, "would", “may”, “might”, "will", "continue", "plan", "probability", "indicative", "seek", “target”, “plan” and other similar expressions are intended to or may identify forward-looking statements.
Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith.
This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction.