GAM, Galena Partner on Distribution, New Product Development

GAM and Trafigura Group’s Galena Asset Management announced entering into a strategic partnership that sees GAM become the exclusive global distributor of Galena’s commodity investment strategies and the two firms collaborating to develop and launch new commodity-focused investment products.

In a statement, Switzerland-based global asset manager GAM said the tie-up will provide its clients with greater access to the global commodity markets and Galena’s expertise in metals, mining, energy, and renewables.

Going forward, GAM will be the exclusive distributor of Galena’s existing commodity strategies in trade finance, multi strategy, and private equity. On the new products front, the firms said they will seek to develop new products that help address “the challenges and opportunities of the energy transition, the circular economy, and the digital transformation.”

Written By: Dakota

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