After one of its fund managers was suspended earlier this week and investors started pulling money out, GAM has halted trading in its unconstrained and absolute return bond funds (>6BEUR AUM). In a statement released on August 2^nd, GAM commented: “Although the funds have the necessary liquidity to serve these requests, such actions would lead to a disproportional shift in their portfolio composition, which could compromise the interests of remaining investors. GAM is committed to ensuring equal treatment of all investors and protection of their interests. The company is actively engaging with clients and is focused on resolving the situation as quickly as possible for investors.”