Switzerland-based GAM Holding AG is an independent asset manager, dealing with a variety of asset classes and financial instruments. The group was forced to fill a key vacancy, as current Chief Executive David Solo reportedly stepped down. Former UBS AG Investment Head, Alexander Friedman, is tapped to replace him.
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Mr. Solo has been the Chief Executive Officer, as well as a member of the Group Management Board at GAM Holding since his appointment in 2013. Prior to GAM, he served in a variety of senior roles at Julius Baer, UBS Capital and UBS AG. Alternatively, Mr. Friedman joins GAM Holding from UBS AG, where he served as the group’s Chief Investment Officer.