Gam issues profit warning as redemptions gather pace
Drastic overhaul will see crisis-hit Swiss asset manager cut 10% of jobs across the firm
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Drastic overhaul will see crisis-hit Swiss asset manager cut 10% of jobs across the firm
As the spread between two and 10-year treasury yields narrows jittery investors look like they are starting to panic
Significant outflows across asset classes have followed liquidation of Swiss group’s absolute return fund range
Valuation metrics for Tesla and Faang stocks split investors
Swiss asset manager says hire will improve relationships with trading counterparties
CEO Alexander Friedman says group will protect employee who blew the lid off star manager’s conduct issues
Two funds in the nine-strong range will have returned 82% of assets
Private banker David Saab will join Generali and industry titan Peter Kraus at new low-cost investment manager
Economic data indicates US recession is at least two and a half years away
Targeted absolute return recently re-emerged as the best-selling UK Investment Association sector
Investors pile into Vanguard ETF despite launch of cheaper rival
Unconstrained fund range was available to retail investors despite inclusion of complex derivatives and currency swaps