GAM still looking to expand
David Lam seeks new hires to market hedge funds and funds of hedge funds to North Asia.
Global Asset Management (GAM), a unit of UBS, had assets under management globally of $12 billion in January 2000. That figure now stands at $21 billion. This is significant growth by any measure. However, David Lam, managing director of Asian clients in Hong Kong, maintains that there is still room for expansion. In Hong Kong a sales team of eight looks after the region, a number he is looking to increase, despite having recently added ex-Goldmanite Alyce Su to look after Taiwan.
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