Hawtin joins the investment management firm on October 1, assuming responsibility of a global long/short equity mandate.
He was previously a partner and portfolio manager at Marshall Wace Asset Management managing the company’s technology, media and telecoms hedge fund. GAM’s multi-manager team invested in Hawtin’s Marshall Wace eureka interactive fund at its inception in 1999.
Hawtin’s appointment brings the total global number of GAM in-house investment managers to 37.
GAM group chief executive David Solo says: “Mark has an excellent track record and we are delighted that he has decided to join GAM. Mark’s investment style is dominated by intrinsic value. He is a value investor who places great emphasis on fundamental, bottom-up analysis with a systematic risk management overlay. Mark has identified a number of exciting themes as well as some further interesting opportunities to invest in companies whose shares have suffered unfairly from deleveraging resulting from the global credit crunch.”