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GAM brings in quants to boost alternatives business

New GAM chief executive wastes no time in expanding the active manager’s alternative investments solutions team

The new chief executive of Zurich-based GAM Holding has taken on three quant specialists from a Swiss investment boutique, as it looks to bolster its alternatives team.

Alexander Friedman, who replaced David Solo at the helm of the $130 billion asset manager in September, has brought in a team of senior quantitative professionals from Swiss investment boutique Alternative Beta Partners.

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