GAM loses CHF 21.5bn mandate
Hit to private labelling business comes after it suffered CHF 3.4bn of redemptions in Q4
Kristen McGachey
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GAM braces for CHF 380m hit
As inflows return to its investment business for the first time in two years
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Markets shrug off dubious Trump legal claims
As US election delivers Biden bounce
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What happens if Trump refuses to concede?
S&P 500 lost nearly 10% after the 2000 election before George W Bush was declared the victor
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UK funds industry faces ‘hiring paralysis’ as Brexit cliff edge looms
Luxembourg asset managers have reported a 31% spike in jobs since 2016
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Gam swings to a loss despite aggressive cost cutting
Swiss manager slashes personnel costs by a quarter as it axes over 100 jobs
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Gam riles shareholders but CEO still pockets €1m
It is the third year in a row they have been urged to reject executive pay
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How have absolute return funds fared against covid-19?
Only eight funds in the sector achieved a positive return during the worst period of the sell-off
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Covid-19 sees Gam slash director pay and fast-track job cuts
Hundreds of job losses will bring costs down by €62m in 2020
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Gam under pressure as Swiss exchange threatens sanctions
‘Potentially material misstatement’ in accounts the latest blow for troubled fund house
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Gam calls truce with sacked star manager Haywood
Troubled Swiss fund group hires Blackrock veteran Peter Sanderson as CEO amid €12.3m loss for H1
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Gam fund investors set for small premium as wind-up concludes
Swiss asset manager has reportedly sold off final assets in €9.5bn ARBF range as it seeks to move on from torrid period