GAM has opted to terminate its partnership with Matt Linsey’s emerging markets boutique North of South Capital, Citywire Switzerland's sister publication, Citywire Selector has learned.

According to a shareholder note seen by Citywire Selector, the GAM Star North of South EM Equity fund, currently managed by Linsey, will revert in-house and change its name.

This will see the fund, which was first launched in 2011, rebranded as the GAM Star Emerging Equity fund, once approval has been sought from the Central Bank of Ireland.

The role of Linsey’s EM boutique North of South Capital as delegate investment manager to the fund will be terminated on 1 July 2017, with GAM taking over management from this date.

GAM confirmed the changes to the fund and said its investment director for emerging market equity strategies, Tim Love, will take charge of the portfolio.

Love currently manages the Julius Baer EF Emerging Equity fund and has worked at GAM since 2012.

Over the three years to the end of May 2017, the GAM Star North of South EM Equity fund returned 5.20% in US dollar terms.

This compares with a 6.08% rise by its Citywire-assigned benchmark, the MSCI EM (Emerging Markets) TR USD over the same time period.