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Paul McNamara

Paul McNamara - Investment Director


Paul McNamara, Investment Director, is the lead manager on emerging market bond and currencies, both long only and unconstrained strategies.

Paul McNamara, Investment Director, is the lead manager on emerging market bond and currencies, both long only and unconstrained strategies. He joined GAM Investments following its acquisition of the fixed income and foreign exchange specialist, Augustus, in May 2009. Paul McNamara joined Augustus (then Julius Baer Investments Limited) in 1997 from the Export Credits Guarantee department of the UK Government Economic Service, where he was an economist. He began his career as a lecturer. Paul McNamara holds an MSc in Economics from the London School of Economics and he is a CFA charterholder. He is based in London.

Paul McNamara

My Insights

Outlook 2024
Outlook 2024: Paul McNamara (Emerging Market Debt)
December 2023

Emerging Market Debt – Looking at yields, and the biggest driver – inflation and policy rates – gives us grounds for optimism

Active Thinking
Active Thinking: Can EM debt step out of the Dollar’s shadow in 2024?
24 November 2023

Following a tough 2022, emerging market debt has fared well so far in 2023, outperforming US government bonds and investment grade credit, particularly as some softer US data weighed on the dollar. Paul McNamara, Investment Director and lead manager on emerging market debt strategies, analyses the key factors affecting the asset class and shares his thoughts on what to look out for in 2024.

Active Thinking
Active Thinking
16 December 2022

At GAM Investments’ latest Active Thinking forum, David Dowsett argues that after a busy week for central banks, we could now be moving into a different era, while Paul McNamara discusses how the situation in the US, Europe and China will shape emerging markets and the longer-term effects of reshoring.

Investment Opinions
Elevated inflation and rising interest rates: what’s the solution?
26 April 2022

Faced with a challenging investment environment, we asked five of GAM Investments’ and our partner firms’ brightest investment minds to share their views on how to protect returns and diversify portfolio risks in a world of surging inflation and rising interest rates.

My Videos

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GAM Local Emerging Bond
10 December 2019

My Awards

People
GAM is proud to have once again been awarded three prestigious German Sauren Gold Medals
October 2021

Paul McNamara received his gold medal in the Absolute Return Emerging Markets segment, joined by Tim Love in the Emerging Market Equities category and Niall Gallagher for his European Equities strategy.

Find out more here.

People
Three GAM managers win gold medals at the Sauren Golden Awards 2020
October 2020

At this year's Sauren Golden Awards in Germany, Investment Directors Paul McNamara, Tim Love and Niall Gallagher were recognised for their performance in emerging market debt, emerging market equities and European equities, respectively.

People
GAM managers win gold medals at Sauren Golden Awards
September 2019

Niall Gallagher, Paul McNamara and Adrian Owens were each awarded gold medals for their performance in their respective asset classes at this year’s Sauren Golden Awards.

People
Five GAM managers win Sauren Golden Awards
September 2018

At this year's Sauren Golden Awards in Germany, Investment Directors Paul McNamara, Adrian Owens, Gianmarco Mondani, Niall Gallagher and Ernst Glanzmann were recognised for their performance in their respective asset classes.