Hit to private labelling business comes after it suffered CHF 3.4bn of redemptions in Q4
Author Archives: Kristen McGachey
Kristen joined Last Word Media and the world of financial journalism in April 2016, leaving behind a career in a legal publishing firm as a senior researcher turned assistant editor.
This native Angelino initially moved to the UK in 2008 to complete her undergraduate studies at the University of Nottingham. She subsequently obtained a Masters degree in Philosophy with Literature from the University of Warwick.
GAM braces for CHF 380m hit
As inflows return to its investment business for the first time in two years
Markets shrug off dubious Trump legal claims
As US election delivers Biden bounce
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
UK funds industry faces ‘hiring paralysis’ as Brexit cliff edge looms
Luxembourg asset managers have reported a 31% spike in jobs since 2016
Gam swings to a loss despite aggressive cost cutting
Swiss manager slashes personnel costs by a quarter as it axes over 100 jobs
Gam riles shareholders but CEO still pockets €1m
It is the third year in a row they have been urged to reject executive pay
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
Covid-19 sees Gam slash director pay and fast-track job cuts
Hundreds of job losses will bring costs down by €62m in 2020
Gam under pressure as Swiss exchange threatens sanctions
‘Potentially material misstatement’ in accounts the latest blow for troubled fund house