Gam International Management Limited

Reference number: 122331

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Authorisation being cancelled

This firm has asked the FCA to cancel its authorisation. It is still in force until the FCA processes the application, so existing business keeps its protection, but its regulated work is winding down.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When gam.com first appeared online, and whether it can receive email
  • What kind of line 020 7493 9990 is, and the other firm that gives it
  • Who else gives the postcode EC2M 7GB
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FCA permissions and consumer protection

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (6 permissions)
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments
  • Managing investments

FCA disciplinary action

FCA action

fine
1
in fines
£9.10m
most recent
March 2022
  • Fined £9.1m on 29 March 2022
    The Financial Conduct Authority (the “FCA”) has decided to impose a financial penalty on GAM International Management Limited (“GIML”) of £9,103,523.   The reason for this action is because:   Between 28 November 2014 and 25 October 2017, GIML did not conduct its business with due skill care and diligence, by failing to ensure that its systems and controls for the identification, management and prevention of conflicts of interest operated effectively, thereby breaching Principle 2 of the FCA’s Principles for Businesses.   Between 20 October 2016 and 8 March 2018, GIML did not manage conflicts of interest fairly between itself and its customers and different customers by failing to adequately manage conflicts of interest arising from three specific investments made by one of their investment teams, thereby breaching Principle 8 of the FCA’s Principles for Businesses. The FCA’s action took effect on 29 March 2022 and a copy of the Final Notice, which sets out the reason for the action, is displayed on the FCA's website and can be accessed.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
01802911
Company status
Active
Company type
Private limited company
Incorporated
26 March 1984 (42 years old)
Registered office
8 Finsbury Circus, London, EC2M 7GB, England
Nature of business
  • Fund management activities (SIC 66300)

Directors and company secretaries

Name Role Born Appointed Other companies
David Richard Kemp Director Jun 1969 26 Sep 2023 6 other companies
Duncan Whale Director Dec 1981 26 Sep 2023 5 other companies
Claire Thurston Secretary Not published 2 Aug 2021 –

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
10
closed down
5
is FCA-registered
1

In the full report: all 10 companies, named

  • What each company does, and whether it is still trading
  • Which of these 2 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register
  • The 1 company these 2 directors run together
  • All 39 people who have ever been directors, with their dates
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Key dates in its history

Gam International Management’s history from the FCA register and Companies House, newest first.

Key events (8) All events (81)

2023

13 October 2023

  • Board replaced: both directors left and 2 new directors took over

Companies House

2022

29 March 2022

  • Fined £9.1m by the FCA

FCA register

2016

6 April 2016

  • Gam UK Limited took control (75–100% of shares)

Companies House

2013

1 April 2013

  • Regulated by the FCA from this date

FCA register

2001

1 December 2001

  • Regulated by the Financial Services Authority from this date
  • Applied to cancel its FCA authorisation

FCA register

1984

26 March 1984

  • Incorporated at Companies House

Companies House

1901

1 January 1901

  • Regulated by the Investment Management Regulatory Organisation from this date

FCA register

In the full report: all 81 events

  • All 81 events in its history (8 shown here)
  • Every director appointment and resignation: 69
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Firms connected to Gam International Management

Other FCA-listed firms that share a director, phone number or address with Gam International Management. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share a director
1
share its phone number
1

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (1), the same phone number (1), the same postcode (2)
  • Who links each one: the named directors, with dates
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Firms like Gam International Management

Other firms of the same type (investment or fund manager), nearest first.

In London

UBS Asset Management (UK) LtdLondonAuthorisedUBS Asset Management Funds LtdLondonAuthorisedJ.P. Morgan Markets LimitedLondonAuthorisedRevolut Trading LtdLondonAuthorisedBlackRock Advisors (UK) LimitedLondonAuthorisedBlackRock Fund Managers LimitedLondonAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Gam International Management

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 10 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 81 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Gam International Management Limited FCA authorised?
Gam International Management Limited (FRN 122331) is on the FCA register, but its authorisation is changing (authorisation being cancelled). Check the register before dealing with it.
What is Gam International Management’s phone number and website?
The FCA register lists the phone number 020 7493 9990 and the website gam.com for Gam International Management. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by one other FCA firm.
Is Gam International Management a scam or clone?
Gam International Management is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Gam International Management?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Gam International Management to the Financial Ombudsman Service, free of charge.
Who owns Gam International Management?
Gam International Management is owned by Gam UK Limited, which holds 75–100% of shares, since 6 April 2016.
Who runs Gam International Management?
Companies House lists 2 directors of Gam International Management: David Richard Kemp and Duncan Whale.
How long has Gam International Management been in business?
The company was formed on 26 March 1984.
Has the FCA taken action against Gam International Management?
Yes. The FCA register records 1 fine in 2022, £9.1m in total. The details are in the disciplinary section above, with links to the FCA's notices.

Sources and links

The full report on Gam International Management Limited

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