New Website

We are pleased to announce the launch of GAM’s new website This has significantly upgraded our last offering with an updated design that it is easy to read and improved performance on mobile phones and tablets. We would like to thank Nick Feek of Business Logic ( for the design and programming undertaken. We […]

Coronavirus Update

As living and working conditions evolve due to the Coronavirus outbreak, we would like to reassure our clients of GAM’s current situation.

Our office is fully operational, and our focus remains as ever on maintaining service levels. In addition to our suite at the World Trade Center, we have a business continuity office located at Ocean Spa Plaza, which fully replicates our systems. Also, we have the ability for all employees to work remotely from home. This may be required for those who need to self-isolate, as well as those at high risk or whose family members are at higher risk. We only ask that clients do not visit our office in person whilst it prohibited to do so.

Trainee Operations Manager

We are seeking a Trainee Operations Manager to join our team. We operate in a fast-paced environment and candidates must be able to take on a heavy workload and work well under pressure. Starting salary £18,000 plus bonus (subject to company performance). Salary will be increased by £2,000 for every examination passed (there are 3 in total). Employee will be sponsored through the Chartered Institute for Securities & Investment’s Investment Operations Certificate. Please send your CV for the attention of the Managing Director, Mark Maloney, to World Trade Center, Suite 5.28, Gibraltar or email to We are not accepting enquiries from recruitment agencies on this occasion.

Chief Investment Officer Appointment

Gibraltar Asset Management is pleased to announce the appointment of Millar Law as its new Chief Investment Officer. Millar brings an impressive set of skills and experience in institutional investment to the firm following an impressive 40+ year career in the financial markets, summarised below.

Following graduation in 1973 with an honours degree in Modern History and Economics from Brasenose College, Oxford University, Millar joined the Graduate Trainee Programme of Ivory & Sime Plc in Edinburgh. Millar was trained in all parts of the business, spending six months in their New York office. By the end of his ten-year tenure, he was the number 2 in their high-ranking UK pension fund team, responsible for UK investments. Millar then joined Lombard Odier as Director and Head of European Investments. During his five years stint in London, Millar created and launched two investment trusts on the London Stock Exchange (“LSE”) and developed their high-regarded investment team. In the late 1980s, Millar founded and managed Law, Dempsey & Company in London, an investment management company backed by AIG. Millar subsequently joined Voyageur Investment Managers as Investment Director where he created and launched the Voyageur European Smaller Companies Trust on the LSE. From there Millar became Head of International Equities at Colonial First State Investment Managers in Sydney, Australia where he recruited and led the firm’s investment team, which saw upper quartile performance in international equities. Millar then returned to Edinburgh joining ISIS Asset Management as their Director of European Equities and lead fund manager of European Asset Trust, a major investment trust listed on the LSE. This well-known trust was ranked number one in its category for three years in a row whilst Millar was at the helm.

His understanding of the markets and portfolios construction will allow us to seek every opportunity to boost returns and adapt to ever-changing market conditions. Millar will lead GAM’s Investment Committee, responsible for monitoring the various assets in our model portfolios as well as developing proposals for asset allocation, investment strategy and investment selection.

If you would like to meet Millar in person to discuss financial matters, please do not hesitate to contact him at

Gibraltar Philharmonic Society

Gibraltar Asset Management Limited is proud to be sponsoring The Queen’s 90th Birthday Celebration Concert which will take place on 30th June at the Convent Ballroom at 9pm. As one of the sponsors, we have VIP tickets for the concert.

The concert will feature the European Sinfonietta featuring Benjamin Nabarro on violin. The programme features the following pieces:

National Anthem: God save the Queen
Mendelssohn: The Hebrides Overture Op 26
Mendelssohn: Violin Concerto Op 64 (1845 version) – Benjamin Nabarro, violin
Beethoven: Symphony No 1 in C major Op 21

If you would like to receive complimentary tickets (maximum of two), please email with the names of those you would like to attend. Tickets will be provided on a first-come, first-served basis and will be confirmed at the close of business today.

Graduate Trainee Required

Following a rapid expansion of our business, Gibraltar Asset Management is looking to recruit a talented individual to join our team as a trainee Stockbroker & Investment Manager.

There is no age restriction and no prior experience is required, however, you will possess an Honours degree and be able to display a demonstrable interest in financial markets. We require candidates with high levels of numeracy, literacy (fluency in both English and Spanish is a prerequisite), a strong eye for detail and the drive and ambition to succeed.

In return, our demanding Graduate Trainee Programme offers a variety of learning environments, professional qualifications and personal development needed to build a career in finance.

Working alongside a seasoned stockbroker, you will be sponsored through the Chartered Institute for Securities & Investments stockbroking examinations as well as the CFA’s Investment Management Certificate, the benchmark qualification for investment managers.

The successful applicant will receive a competitive starting salary, which will be increased with every examination passed. An annual bonus may also be paid, based upon individual and company performance.

If you would like to apply, please send your CV to Isabel Duque ( along with a covering
letter. The selection process will include numeracy, literacy and general knowledge tests as well as an interview. Closing date is 15th June.

We are not accepting speculative enquiries from recruitment agencies on this occasion.

GAM’s 25th Anniversary

This year is a historic one for Gibraltar Asset Management Limited. After celebrating the 10th Anniversary of our membership of the London Stock Exchange in April, we now are celebrating the Firm’s 25th Anniversary.

Twenty five years may not sound a lot to many but in this business, as you can imagine, even the last five years have seemed like a lifetime to the average stockbroker.

And things were no rosier in 1987 when the Firm was incorporated on the 19th of October. The following day, global stock markets promptly crashed. Our predecessors then spent the next several years trying to stop the exodus of clients. Happily, GAM survived and despite bubbles, recessions and crises, we have gone on to thrive.

In 1987, our office was unrecognisable from the one you see today. We were connected to the stock exchange through a Ceefax screen, a telephone and a fax machine! – a far cry from today’s electronic trading platforms. The way we interact with our clients has also changed. Contract notes, once hand-written onto a piece of paper, have long since been replaced by email confirmations, online dealing and online access that provides our clients with up-to-the-minute valuations of their portfolios. Only this year, we have revolutionised the way we communicate with our clients with the launch of a new website, a Facebook page and a Twitter service, that allow our clients to follow the markets and our investment recommendations in real time.

However, what has not changed over the last 25 years, and indeed, what sets us apart from our competitors, is our independence, our integrity and the trust that is established between our stockbrokers and investment managers and our clients. Indeed, the business has been built on the sound foundations of strong investment performance and excellent client service. This has seen the firm continue to go from strength to strength and has seen our client base double since 2007, a period which has been characterised by the most serious crisis since World War II.

To celebrate this milestone, we are pleased to be sponsoring the Gibraltar Philharmonic Society in a unique baroque concert where The European Baroque Players will be playing the works of such great composers as Handel, Bach, Vivaldi and Telemann. The event will take place on Monday 19th November at 8pm at the Convent Ballroom.

GAM Joins the Twitter Community

GAM is pleased to announce it is embracing the internet revolution by releasing its Twitter account at Gibraltar Asset Mgmt @GibAssetMgmt. Our people can also be followed on their GAM handles (DjamalAdibGAM, PaulBraileyGAM, IsabelDuqueGAM & MarkMaloneyGAM).
The purpose of our Twitter account is to build deeper relationships with our customers and serve as a thought leadership platform for the company and our industry.
We shall be regularly tweeting the release of notices, investment research as well as keeping our clients up-to-date on important stock market events. We feel this will bring us even closer to our client base and accordingly provide increased added value.

STM Gibraltar Personal Pension

A pension is one of the most effective ways to save money for your retirement, because you may be eligible for tax relief on your contributions.

With this in mind, Gibraltar Asset Management is pleased to offer, in conjunction with STM Fidecs, the STM Gibraltar Personal Pension. This unique package, designed for Gibraltar earners, allows the pension holder to take control of their pension pot by investing in stocks and shares, whilst reaping the tax benefits of a Gibraltar approved pension scheme. It’s major benefits include:

* Tax relief on up to 20% of your annual earnings (Allowance Based System)*
* Income and capital gains, tax free*
* Withdraw your pension from age 50-75*
* Withdraw 100% lump sum on retirement*
* Open to Non-Gibraltar Residents (must be Gibraltar earners)*

Employees on the Gross Income Based System can benefit from employer contributions not being treated as a Benefit in Kind and the discipline of saving for your retirement.