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GAM revamps institutional leadership after veteran departs

Swiss asset manager turns to former Jupiter Fund Management institutional business director to run its UK business

Zurich-based asset manager GAM has revamped its institutional leadership in the UK and the Middle East following the departure of Matthew Lamb, a veteran of the firm.

GAM, which has some $120 billion in assets under management, said on November 13 it has hired a former director of institutional business at Jupiter Fund Management, Mark Willmott, to lead its UK institutional business, while Rossen Djounov has been promoted to lead its Middle Eastern institutional business.

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