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GAM and the London School of Economics and Political Science announce award in honour of Gilbert de Botton

GAM and The London School of Economics and Political Science (LSE) have announced the creation of the 'GAM Gilbert de Botton Award in Finance Research' in honour of the late Gilbert de Botton, founder of GAM.

The annual award will recognise outstanding research in finance within the discipline of asset management and related fields. PhD or graduate students intending to pursue their studies at the internationally renowned Financial Markets Group will be eligible for the financial award of £15,000.

Professor David Webb, director of the Financial Markets Group, commented: 'The award recognises the importance of top quality academic research in the area of finance and will add significantly to LSE's ability to attract and retain outstanding young researchers.'

Dr Burkhard Poschadel, group chief executive officer at GAM said: 'When Gilbert founded GAM, his passion was to discover the world's finest investment talent in every asset class. In Gilbert's memory, GAM is now able to recognise the fine talent at LSE's Financial Markets Group. Our hope in the creation of this award is that each year a student will be supported in pursuit of academic excellence in a field that was of such importance to Gilbert.'

The 2003 award's review panel includes: Professor David Webb (director, Financial Markets Group, LSE) as chairman of the panel, Professor Charles Goodhart (deputy director, Financial Markets Group, LSE), Dr Ros Altmann (governor, LSE), Dr Michael Allingham (Frank Richardson Fellow in Economics, Magdalen College Oxford), Dr John Makin (Caxton Associates LLC), Professor Avinash Persaud (Gresham Professor of Commerce and global head of research at State Street Bank & Trust Company), Mr Andrew Smithers (chairman, Smithers & Co Ltd), Dr Burkhard Poschadel (group chief executive officer, GAM), Mr Jeremy Smouha (director, GAM) and Mr Graham Wainer (group head of clients and portfolio management, GAM).

Gilbert de Botton founded GAM in 1983. A man of wide-ranging intellectual interests, he is widely acknowledged as the pioneer of the 'open architecture' model of asset management.

The award will be announced at a ceremony to be held at LSE on Monday 9 June and will be presented by The Hon Mrs Janet de Botton.


For further information contact: 

  • Sally Biggs or Penny Clarke, Polhill Communications, on 0207 655 0520
  • Judith Higgin, Press Officer, LSE, on 020 7955 7582



The London School of Economics and Political Science (LSE) is a world-class centre for its concentration of teaching and research across the full range of the social, political and economic sciences. Founded in 1895 by Beatrice and Sidney Webb, with around 7,500 full and part-time students from more than 120 countries worldwide, LSE has an outstanding reputation for academic excellence, rated second in the UK in the latest survey of university research excellence.

The Financial Markets Group Research Centre is a recognized ESRC [http://www.esrc.ac.uk/|] Centre established in 1987 at LSE [http://www.lse.ac.uk/|]. FMG is now one of the leading centres in Europe for academic research into financial markets. The Group has developed strong links with the user community, in particular investment banks, commercial banks and regulatory bodies and attracts support [http://fmg.lse.ac.uk/about/aboutgen.php?aboutid=4|] from a large number of City institutions, both private and public.

FMG is led by Professor David Webb and Professor Charles Goodhart and brings together a core team of senior academics and young researches [http://fmg.lse.ac.uk/people/|] to undertake cutting edge theoretical and empirical research in the areas of financial markets, financial decision-making and financial regulation. Through its Visitors' Programme the FMG attracts each year some of the world's renowned finance academics and outstanding young researchers who participate fully in the Group's research activities.

GAM is an award-winning manager of portfolios and funds for wealthy individuals, institutions and professional investors. It seeks to deliver superior performance by providing access to talented investment managers, both in house and out of house. GAM's key skills include finding and managing successful asset managers and combining their funds in managed portfolios and multi-manager funds to meet clients' particular needs. GAM is a long-established market leader in managing hedge funds and funds of hedge funds. It prides itself on having excellent relationships with clients, supported by client-friendly technology and knowledgeable investment staff.

GAM manages US$18.5 billion of clients' assets of which US$5.0 billion is in discretionary portfolios on behalf of its private clients.

Founded in 1983, GAM employs over 600 people in ten offices, including London, New York, Zurich, Hong Kong, Kuwait, Tokyo and Berlin. GAM is owned by UBS AG.

All data as at 31 March 2003
The following GAM Group Companies are regulated by the Financial Services Authority for the provision of investment services within the United Kingdom: Global Asset Management Limited, GAM International Management Limited and GAM Sterling Management Limited.

29 April 2003