Swiss asset manager GAM lays off whistle-blower

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Whistle-blower has been made redundant. Mr Sheard raised concerns about one of GAM’s top fund managers to the UK Financial Conduct Authority last year. The lay-off is part of a firm wide restructuring programme that started after GAM’s shares lost three-quarters of their value in the last 12 months.

The Financial Times, Jennifer Thompson and Laurence Fletcher, March 19th 2019