GAM is planning to launch a UK equity income fund for new hire Adrian Gosden, who formerly ran the Artemis Income fund.
Gosden (pictured) had co-managed the Artemis Income and Artemis High Income funds alongside other income mandates with Adrian Frost, totalling about £10 billion. The duo gained a co-manager, Nick Shenton, in 2014.
Gosden, who left Artemis last June, joins as an investment director. He will be based in London, working closely with GAM’s existing UK and pan-European equity teams. He has 20 years’ experience managing money, 18 years of which were spent running equity income funds.
Alexander S. Friedman, GAM Group chief executive, commented: 'Adrian Gosden is one of the UK’s most highly regarded equity income managers.’
‘We are excited to welcome such a talented investor to the group and to further diversify our offering of specialised products to cater to clients’ needs.
‘In today’s low growth environment, investors are increasingly interested in income-type products that offer yield and diversification benefits.’