Latest news with #DavidBarker
Yahoo
28-05-2025
- Business
- Yahoo
Press Release: GAM Investments Strengthens European Equities Platform with Appointment of Leading Investment Team
GAM European Equity Team Photograph Zurich: 28 May 2025 PRESS RELEASE GAM Investments Strengthens European Equities Platform with Appointment of Leading Investment TeamTom O'Hara, Jamie Ross and David Barker join GAM Investments to manage flagship GAM Star European Equity and Continental European Equity funds GAM Investments is pleased to announce the appointment of a new European Equities team comprising Tom O'Hara, Jamie Ross and David Barker. As of 15 May 2025, the team has assumed investment management responsibilities for the GAM Star European Equity and GAM Star Continental European Equity funds. This highly regarded investment team brings with them a style-agnostic, high-conviction investment approach that complements GAM's longstanding heritage in European equities. The appointment marks a further milestone in GAM's transformation and ongoing commitment to investment excellence. Tom O'Hara, Investment Director, European Equities at GAM, commented: 'It's great to be joining GAM. This is a very exciting time in the company's turnaround, supported by a long-term focused majority owner and a strong, investment-led culture that traces its roots to Gilbert de Botton. On a personal level, my investing career started thanks to John Bennett - who spent 17 years at GAM managing European Equities and always spoke highly of the firm's investment ethos. So, it really feels like a natural fit for us to be here.' 'Our approach will remain consistent with our past. We are managing a concentrated, high-conviction portfolio of around 30 stocks, using our straightforward and repeatable framework, . This combines expected earnings growth, cash return and valuation change to assess whether a company's return potential exceeds that of the broader market.' A core, consistent and transparent investment process While the team brings a fresh perspective, they remain committed to delivering a core, flexible, style-agnostic strategy which builds on the legacies of both GAM and their own history as successful European equity investors. Their process is grounded in fundamental research and offers clear, data-driven insights for clients. , 'We want to be open-source. That means sharing our investment insights, process and return assumptions with clients transparently and consistently across all our communications.' A turning point for Europe The team also believes the macro backdrop is shifting decisively in Europe's favour. 'For decades, cheap valuations alone weren't enough to catalyse change in Europe. But that's no longer the case. Geopolitical realignment sparked, in part, by the return of Donald Trump who has done more for EU unity than any post-war president,' . 'We're seeing a more assertive Europe: a looser fiscal stance in Germany, more coherent messaging from EU leaders, and growing momentum for innovation, investment, and regulatory simplification.' 'Europe has a generational opportunity to redefine itself that demands cohesive action across industrial policy, energy security and tech sovereignty. These shifts will create a new generation of winners across the region. We believe this marks a key turning point for the European equity market.' Elmar Zumbuehl, Group CEO of GAM Investments, added 'We are delighted to welcome Tom, Jamie and David to GAM. Their fresh approach, tight teamwork and use of advanced technology to focus on what really matters fully embraces the transformational changes underway in active investing. Their arrival significantly strengthens our specialist active equity offering and with investor interest returning to Europe, we see this as a powerful step forward for GAM's specialist active equities platform and our clients.' Investors are encouraged to contact their local GAM relationship manager to learn more about the strategies or meet the team through upcoming events, webinars and roadshows. Editorial Information: Video: Introduction to European Equities at GAM – Tom O'Hara, David Barker and Jamie Ross. Team Bios: Tom O'Hara, Investment Director, is responsible for the management of European Equity funds at GAM, alongside Jamie Ross and David Barker. Before joining GAM Investments in May 2025, he spent 7 years managing European equity funds at Janus Henderson Investors. Prior to this, he spent 8 years as a sell side equity research analyst covering the metals and mining sector. He began his career in the treasury of Northern Rock plc. He has 19 years of financial industry experience and received his BA degree (Hons) in economics from Newcastle University. He is passionate about the role of emerging technologies in shaping active investing and was an early investor in Quartr, a Swedish fintech platform, where he continues to serve as a non-executive adviser. David Barker, Investment Manager, is responsible for the management of European Equity funds at GAM. Before joining GAM Investments in May 2025, he was a Research Analyst on the European Equities Team at Janus Henderson Investors, a position he had held since 2021. Prior to this, he was Research Analyst specialising in Aerospace & Defence and Industrials at Bank of America Merrill Lynch, where he started in 2017. David graduated with a BA degree in History from Somerville College, University of Oxford and has 9 years of financial industry experience. Jamie Ross, Investment Manager, is responsible for the management of European Equity funds at GAM. Before joining GAM Investments in May 2025, he was a Portfolio Manager on the European Equities Team at Janus Henderson Investors, a position he had held since 2016. Prior to this, he was a portfolio manager on the UK Equities Team, where he co-managed a UK equities pooled fund. He started his career with Henderson in 2007. Jamie graduated with a BA degree (Hons) in economics from Durham University. He holds the Chartered Financial Analyst designation and has 18 years of financial industry experience. For further information please contact: Colin Bennett | GAM Media Relations T +44 (0) 20 73 938 544 Visit us: us: X and LinkedIn About GAM GAM Investments is a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas, Specialist Active Investing, Alternative Investing and Wealth Management, that is listed in Switzerland. It delivers distinctive and differentiated investment solutions across its Investment and Wealth Management businesses. Its purpose is to protect and enhance clients' financial future. It attracts and empowers brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 16.3 billion as of 31 December 2024. GAM Investments has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983, and its registered office is at Hardstrasse 201 Zurich, 8037 Switzerland. For more information about GAM Investments, please visit Other Important Information This release contains or may contain statements that constitute forward-looking statements. Words such as 'anticipate', 'believe', 'expect', "estimate", "aim", 'project', 'forecast', "risk", 'likely', 'intend', 'outlook', 'should', 'could', "would", 'may', 'might', "will", "continue", "plan", "probability", "indicative", "seek", 'target', 'plan' and other similar expressions are intended to or may identify forward-looking statements. Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith. This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction. Attachments GAM Investments Strengthens European Equities Platform with Appointment of Leading Investment Team_En GAM European Equity Team PhotographSign in to access your portfolio
Yahoo
09-05-2025
- Business
- Yahoo
Regent David Barker nominated for U.S. assistant secretary for postsecondary education
Regent David Barker has been nominated by President Donald Trump to serve as the assistant secretary for postsecondary education. (Photo by Brooklyn Draisey/Iowa Capital Dispatch) Iowa Board of Regents member David Barker has been nominated by President Donald Trump to serve as assistant secretary for postsecondary education, the U.S. Department of Education announced Friday. According to a news release from the U.S. Department of Education, if appointed, Barker's job will include improving 'outcomes and accountability' in higher education through accreditation reforms and changing federal student aid programs for the better. He would also make sure 'grant programs are invested in agency priorities,' the release stated. Sen. Joni Ernst called Barker a 'great pick' in the news release, citing his long career and work on the board. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX 'Sixth generation Iowan David Barker has a proven 40-year track record as a successful entrepreneur and led the fight on the Iowa Board of Regents to undo restrictive COVID-19 mandates on students,' Ernst said in the release. Barker, who has served on the board of regents since 2019, was confirmed by the Iowa Senate to continue his tenure on the board in late April. His term is set to expire in 2031. He also works as a partner in Barker Companies, which oversees and develops real estate, and was previously an economist at the Federal Reserve Bank of New York, according to his board of regents biography. In response to whether Barker is planning to step down from the board, board of regents spokesperson Josh Lehman said in an email he is still a member. Sherry Bates, president of the board of regents, congratulated Barker for the nomination in a statement. 'He will bring his tremendous knowledge, expertise and passion to that role,' Bates said. 'It's great that a fellow Iowan has been selected for this position, and we wish him well.' SUPPORT: YOU MAKE OUR WORK POSSIBLE
BBC News
08-05-2025
- Business
- BBC News
Birmingham HS2's Curzon Street Station revised plans approved
Plans for the revised design of Birmingham's flagship HS2 railway station have been to Curzon Street Station's development include a change from timber to aluminium in the roof because of more stringent fire safety standards, while the eastern concourse has also been re-planned.A combination of factors were involved with the modifications, including value for money, technical complexities and engineering constraints, a city council officer's report plans were approved by the planning committee after considering the report. The station would display "high quality architecture", the report of the planning committee Labour councillor Lee Marsham, who represents Nechells, said he thought HS2 could be a key part of the tram extension to the proposed new stadium and sports quarter for Birmingham City FC. 'Can we get on with this?' Erdington Conservative councillor Gareth Moore said he supported the application, but expressed frustration at progress made so stated: "I suppose my only key ask is, 'Can we get on with this?'."Labour councillor David Barker, who represents Brandwood and Kings Heath, said: "Happy to approve it. I would like to see the further parts of this project brought forward as soon as possible." Construction work on the station began in January last despite progress being made on the design, new HS2 Ltd CEO Mark Wild recently confirmed a "reset of the programme" was needed, including a review of the project's cost and Wild recently said construction had been "harder than we would have thought"."So a combination of factors of getting a little bit behind and also the complexity to come means we need to reset the programme," he explained."The good news is that this is all completely solvable and I'm very, very confident."Asked whether the aim was for trains to run between 2029 and 2033, as previously suggested, Mr Wild responded: "We're so far into the civil engineering now, it's time to reset – as frustrating as it is, that will take me the rest of this year to do."Standing here, I don't really have an answer – I'm just going to do the work."We aim by the end of this calendar year to have firm advice about the time". This news was gathered by the Local Democracy Reporting Service which covers councils and other public service organisations. Follow BBC Birmingham on BBC Sounds, Facebook, X and Instagram.
BBC News
19-02-2025
- General
- BBC News
Sheffield: Cost of having bulky items collected set to rise
People in Sheffield will have to pay more to have bulky waste collected from their homes from City Council said the increase was due to a rise in the cost of disposing of fire-retardant will now cost up to £8.06 more to have up to three items collected, bringing the charge to £37.66."It's probably cheaper than getting a man in a van to chuck it in the local woods," said David Barker, who sits on the council's waste and street scene policy committee. According to the Local Democracy Reporting Service, new Environment Agency guidance requires councils to dispose separately of bulky waste items containing persistent organic pollutants (POPs). These are found in fire-retardant materials in soft furnishings such as settees and chairs, which have to be separated from other big items and taken to a separate waste disposal new charges have been introduced to cover the annual £146,000 running costs for an additional vehicle and driver to take items containing POPs to specialist disposal a meeting on Friday the waste and street scene policy committee rejected options of adding a separate charge for POPs items only, or the council absorbing the changes will also see the £49.80 charge for having four to six items collected increase by £1.67 to £51.47, while having between seven and nine items collected will cost £70.72 instead of £70 and disposing of 10 to 12 items will cost £89.33 instead of £88.60, a rise of meeting heard 72% of people using the service had up to three items collected."You're kind of putting people off at the lower end and that is where the most collections are," councillor Peter Gilbert said of the questioned whether the changes would result in an increase in to highlights from South Yorkshire on BBC Sounds, catch up with the latest episode of Look North or tell us a story you think we should be covering here.
