GAM expands quant offering with Cantab acquisition
Investment firm GAM has expanded its quant offering by completing its acquisition of Cambridge-based systematic investment manager Cantab Capital Partners.
Cantab will form the cornerstone of GAM’s newly created Systematic platform, with two new Ucits funds set to be launched as GAM Systematic funds.
Cantab’s team of over 30 scientists, led by its founder Ewan Kirk, form the cornerstone of GAM Systematic. This new investment platform is co-headed by Adam Glinsman, CEO of Cantab, and Anthony Lawler, head of Portfolio Management at GAM’s Alternative Investments Solutions (AIS) group.
In addition to the existing Cantab fund range, the GAM Systematic platform will also include GAM’s existing Alternative Risk Premia strategy, managed by Dr Lars Jaeger, one of the pioneers in the field of alternative beta.
The acquisition is expected to be accretive to GAM’s underlying earnings per share in the first full year of ownership.