Fermat-managed GAM Star Cat Bond Fund bolsters GAM’s Q3
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Fermat-managed GAM Star Cat Bond Fund bolsters GAM’s Q3

Financial market design concept

GAM Investments said inflows from GAM Star Cat Bond Fund, managed by Fermat Capital, had helped to offset CHF600mn ($642.4mn) in outflows from its fixed income pot during Q3.

Fixed income assets under management (AuM) totalled CHF15.0bn as of 30 September, down 3.8% in the quarter, with outflows primarily driven by allocation decisions by clients in GAM Star Credit Opportunities and GAM Local Emerging Bond funds.

GAM

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