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The UK's best-performing pure bonds fund did well in 2017 from an outsize bet on financials

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GAM, the troubled Swiss investment firm that was 

 after a shareholder revolt in 2017, was the UK's top-performing pure fixed income manager last year.

The company's £1bn Star Credit Opportunities fund made 14.4% during 2017, earning it the accolade of top-performing pure fixed income fund in the Investment Association's Sterling Strategic Bond sector, according to data from FE Analytics.

GAM’s Star bond bet on financials pays off

Mark Cobley

Old Mutual

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https://images.fnlondon.com/im-329118?size=1.5

Find out who is on the move in the City and beyond this week

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https://images.fnlondon.com/im-38645354?size=1.5

CDPQ hires Sharon White to lead push in Europe

https://images.penews.com/im-05261766?size=1.5

Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

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Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

Nvidia Is on Top but Does It Have Anywhere to Go but Down?

Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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