GAM loses CHF 21.5bn mandate
Hit to private labelling business comes after it suffered CHF 3.4bn of redemptions in Q4
Hit to private labelling business comes after it suffered CHF 3.4bn of redemptions in Q4
Makes strategic hire based in Switzerland
With the opening of an office Switzerland
As inflows return to its investment business for the first time in two years
Following a heart attack at his home on 15 January
And strengthen its distribution capabilities in the Nordics
He joins from Legg Mason Global Asset Management
It will raise funds from domestic investors for the firm’s offshore strategies
Majority of listed equity and corporate bond investors with divestment policies still have exposure
New head of sustainable and impact investment role to be filled imminently
And opens office in Singapore
Swiss manager slashes personnel costs by a quarter as it axes over 100 jobs