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GAM Holding AG (GAMH.S)

GAMH.S on Swiss Exchange

4.47CHF
10 Dec 2018
Change (% chg)

CHF-0.37 (-7.60%)
Prev Close
CHF4.84
Open
CHF4.79
Day's High
CHF4.80
Day's Low
CHF4.46
Volume
964,682
Avg. Vol
1,430,364
52-wk High
CHF18.18
52-wk Low
CHF4.46

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Tue, Nov 20 2018

Swiss asset manager GAM cuts jobs in reorganisation: source

ZURICH Swiss asset manager GAM Holding is cutting around 10 percent of its staff from its fixed income and equities teams in a shake up of its embattled business under its new chief executive.

UPDATE 2-Swiss asset manager GAM looks for new CEO to lead turnaround

* Shares down more than 2 percent (Adds comments from investors, analysts)

BRIEF-GAM Holding Appoints David Jacob As Interim Group CEO

* APPOINTS DAVID JACOB AS INTERIM GROUP CEO AND MEMBER OF GROUP MANAGEMENT BOARD Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Swiss money manager GAM rebuffs Schroders offer for hedge fund unit - FT

Nov 4 GAM Holding AG has rebuffed an offer from Schroders Plc to sell its Systematic division, which handles the Swiss money manager's Cantab quantitative hedge fund unit, the FT reported, citing two people familiar with the matter.

GAM assets slump 17.7 billion francs after director suspension

ZURICH Money manager GAM Holding AG suffered a 17.7 billion Swiss francs ($18 billion) slump in the value of its assets after the suspension of a top asset manager prompted investors to withdraw billions of francs from its funds, the company said on Tuesday.

UPDATE 2-GAM assets slump 17.7 bln francs after director suspension

* Shares drop more than 14 pct in early trading (Adds comments from CEO and CFO, market reaction, analyst comment)

Asset outflow at GAM has continued in October but slowed

ZURICH, Oct 23 Asset outflows at Swiss money manager GAM Holding AG continued this month but at a reduced rate, its finance chief told Reuters after the group saw outflows of around 8 billion Swiss francs ($8.03 billion) in the third quarter.

Money manager GAM's sees asset flight after director's suspension

ZURICH, Oct 23 Swiss money manager GAM Holding AG's group assets under management fell by 17.7 billion Swiss francs ($17.77 billion) in the third quarter following the suspension of a director that has thrown its business into turmoil.

CORRECTED-Swiss group GAM revamps management after share skid

ZURICH, Sept 28 GAM Holding promoted its investments head to its management board on Friday and said its compliance head was leaving after a tumultuous period triggered when it suspended the executive in charge of absolute return bond funds in July.

BRIEF-GAM Holding Announces Changes To Group Management Board

* MATTHEW BEESLEY WILL TAKE UP POSITION OF GROUP HEAD OF INVESTMENTS

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