Gosden joins the firm after 13 years at Artemis where he co-managed the £6.1bn Artemis Income Fund with Adrian Frost and Nick Shenton, and the £1.1bn Artemis High Income Fund with Alex Ralph.
It was first announced in June that Gosden was leaving Artemis, having joined the firm in 2003.
Overall, he has 18 years’ experience managing income funds and mandates.
Prior to joining Artemis, Gosden managed several accounts for institutional clients and co-managed the retail SocGen UK Income fund. He joined Societe Generale Asset Management in 1999 after working for Fleming Investment Management and Andersen Consulting.
He will be based in London and will work closely with GAM’s existing UK and pan-European equity teams. It is understood the new fund will be launched at the end of October.
Alexander Friedman, group chief executive at GAM, said: “Adrian Gosden is one of the UK’s most highly regarded equity income managers. We are excited to welcome such a talented investor to the group and to further diversify our offering of specialised products to cater to clients’ needs.
“In today’s low growth environment, investors are increasingly interested in income-type products that offer yield and diversification benefits.”
Gosden added: “GAM has a long heritage of true active investing. I am delighted to join a group with such a strong performance culture that gives portfolio managers the freedom to pursue the most promising investment opportunities, unrestricted by benchmarks or a house view.”
