GAM

GAM issues profit warning for 2019

Swiss asset manager GAM has said that its full-year 2019 underlying results will be materially lower than the previous year.…

GAM hires new alternative research head

Swiss asset manager GAM has named Giovanni D’Alesio as head of research for its Alternative Investment Solutions business. D’Alesio has…

GAM taps SimCorp for operating platform consolidation

GAM Investments has entered into a licence agreement with Danish software firm SimCorp to consolidate its operating platform. GAM will consolidate…

GAM appoints new CEO from BlackRock amid large H1 losses

Swiss asset manager GAM has reported an IFRS net loss of CHF13.6m for the first half of 2019, versus a profit…

GAM concludes ABRF liquidation

Swiss asset manager GAM has concluded the liquidation of its absolute return bond fund (ABRF) range. GAM liquidated ARBF after…

GAM hires institutional business director in Australia

GAM Investments has named Alison Wallis as the director for its institutional business in Australia. The appointment is said to…

George Soros picks minority stake in GAM

Billionaire investor George Soros has taken a 3% stake in troubled Swiss asset manager GAM. Soros bought the stake through…

GAM reports loss in 2018; sacks star bond manager

Swiss money manager GAM has reported IFRS net loss of CHF929.1m for the year ended 31 December 2018, versus a…

GAM rolls out new credit fund

Swiss asset manager GAM has introduced a new dynamic credit fund on its systematic platform. The new strategy will take…

GAM to axe 10% of jobs after it forecasts full-year loss

Swiss asset manager GAM has announced plans to slash around 10% of jobs next year as part of a restructuring…