Swiss investor GAM’s head of investment Matthew Beesley has decided to leave the company, it announced this morning.It said his role would not be replaced because of his successful work restructuring the investment team.His business management duties will instead be taken on by the respective heads of GAM’s two investment groups, while group chief operating officer Steve Rafferty will assume Beesley’s responsibilities for front office controls and trading.GAM said that as Beesley did not manage any client money at the firm his departure would not have any impact on the investment management of its funds or mandates. The Zurich-headquartered company said he would continue to work over the coming months to ensure a smooth transition.GAM is seeking to return to growth after losing nearly CHF30bn (€27bn) in assets in the wake of the suspension of the head of its absolute return bond team in 2018 and subsequent liquidation of the funds. Group CEO Alexander Friedman left a few months after Tim Haywood was suspended and Friedman’s replacement, Peter Sanderson, was announced in July this year.Beesley joined GAM in March 2017 and was appointed to the group management board in September 2018. The role of group head of investments was created around this time, with Beesley stepping into it.
PORT OF SPAIN, Trinidad, (CMC) — Assad Fudadin struck a half-century in his first game of the season while Raymon Reifer gathered his second and 10th overall, as Guyana Jaguars batted the entire second day to eke out a small lead over Trinidad and Tobago Red Force here Saturday.At the close, Jaguars were 246 for eight in the seventh round contest of the Regional four-day championship, with Fudadin having top-scored with 57 and Reifer unbeaten on exactly 50.Nightwatchman Devendra Bishoo scored 39 while Veerasammy Permaul got 24 and Vishaul Singh, 22.Pacer Marlon Richards was the best bowler with four for 34 while off-spinner Bryan Charles supported with three for 70.Heading into day three at Queen’s Park Oval, tournament leaders Jaguars lead by 44 runs.Resuming the day on 38 for one in response to Red Force’s disappointing 202 all out on Friday’s opening day, Jaguars were inspired mainly through three partnerships.The left-handed Fudadin, returning to the side after missing the opening six games, struck nine fours in a knock lasting 135 balls and just over 2-1/2 hours while Bishoo counted five fours off 131 deliveries in a shade over three hours at the crease.Both perished as Jaguars lost three wickets for 13 runs in the space of 53 balls but the in-form Reifer took control of the innings to anchor two solid partnerships and keep the two-time defending champions ahead of the game.First, he put on 47 for the sixth wicket with Vishaul to put Jaguars in touching distance of their target before adding a further 42 for the eighth wicket with Permaul, to build a lead for his side.The left-handed Reifer has so far faced 126 deliveries in a little over 2-1/2 hours at the crease and struck six boundaries. RED FORCE 1st innings 202Jaguars 1st Innings(overnight 38 for one)S Hetmyer c Pierre b Charles 15R Chandrika c Cariah b Richards 17D Bishoo c wkp Katwaroo b Richards 39A Fudadin c & b Charles 57*L Johnson c wkp Katwaroo b Richards 7V Singh c Mohammed b Pierre 22R Reifer not out 50+A Bramble lbw b Charles 4V Permaul lbw b Richards 24R Shepherd not out 1Extras (b8, w1, nb1) 10TOTAL (8 wkts 100 overs) 246Fall of wicket: 1-27, 2-47, 3-136, 4-144, 5-149, 6-196, 7-201, 8-243.To bat: K Paul.Bowling: Richards 20-9-34-4, Philip 5-1-25-0, Charles 31-8-70-3, Imran Khan 18-0-63-0, Pierre 11-0-29-1, Mohammed 15-5-17-0.Position: Jaguars lead by 44 runs. read more
I am not disappointed with how we played. I’ve seen much worse matches in my life. We were not well in the last third of the field. I did not expect to have 70% of possession, I thought Atlético would have something else, but you win 1-0, you are not at your best and you try to defend it. We have not lost 5-0 or anything like that. It will not be easy, Atlético will have João Félix, Costa will be better… As long as we have eleven players to play, we will try. Welcome to Anfield, we will tell you.What will it take in this last third for the return?The concentration of Atlético’s defense has been exceptional. They put heart but also concentration, We could play better, have more the ball, have felt better the game … Against Barça they play differently, for example. They have won tonight and we know we can do better, but we know more about our opponent. They are small details, first passes, centers … When you are in the area you have to play fast. If you get a center and a volley, that’s fine. I hope we score a goal at home. The emotions were with Atlético today.He has been admonished …I screamed in that direction, but I did not insult anyone, nor did I say tacos … I was not happy with the referee’s performance and protested an action, that’s why he showed me a card.Should we make a perfect match to overcome?With the intensity that we have put into a stadium like this, they have had to constantly go to the ‘gas station’. I don’t know if Simeone has any energy left, he was constantly agitating the public. That changes the situation. You have seen what a stadium can do when it is behind their team. They are not there to see exceptional football, but a good result. We always try to make a perfect match and there are 5, 6, 7 things we could do better … We can’t lose when they throw long, for example. You had to launch the attack 1-0, now they have that advantage, but that’s it. If the Atleti is better there and it happens, we will congratulate you. But they will have to play at Anfield. -Change of Mané and Henderson.It is part of football. He didn’t want to take Sadio out, although he had a yellow one. I was a little scared, because his rival fell as soon as Sadio took a breath. Henderson has touched the ischia, I have not worried much, but enough to change it.– Is 1-0 the worst result?I have no problem with the result. We have tried, I have seen happy faces in Atlético, I understand but this is not over. There are 90 minutes left in Anfield. The referee also had to deal with the environment. Perhaps there have been things that he has not seen and there have been moments that there were three Atlético players on the ground … The referee could feel the game a little better … The public has pushed, it was an emotional game. We have tried to be calm. We have to do better in the final stretch of the field. In the previous one he said that Atlético said it was a machine. Disappointed by your game or surprised by Atlético? – What do you think of the concealed goal?I do not want to start with the referee’s decisions, we have scored a goal as a result of a throw-in that we have protested. It has not been an easy match. We had 70% of the ball, but Atlético has produced an impressive result. We did the best we could. We played well, as we wanted to play. In the last quarter of the field we have not created clear occasions. In this type of matches we are looking to develop. We have lost concentration at some point. We did not want to throw in the towel and in the second part we will play it in our stadium. read more