Tim Haywood has said he will clear his name and "return to work" as he disputes GAM's claims he was involved in "gross misconduct".
The former manager of GAM's £8.5bn unconstrained/absolute return bond strategy (ARBF) has previously said he was "unfairly singled out" by the Swiss asset manager, adding the redundancy process had been "run unfairly". In another update, Haywood said only a few allegations against him remained and he did not believe they should be deemed gross misconduct. A statement from Haywood said: "After 15 months of investigations most of the allegations have been dropped. The remaining allegations levelled against me do not by any stretch constitute ‘gross misconduct', even if they weren't subs...
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