April 17, 2019 / 5:06 AM / a month ago

BRIEF-GAM Holding Group AUM At CHF 137.4 Bln At 31 March 2019

April 17 (Reuters) - GAM Holding AG:

* GROUP ASSETS UNDER MANAGEMENT (AUM), INCLUDING INVESTMENT MANAGEMENT AND PRIVATE LABELLING, OF CHF 137.4 BILLION(1) AT 31 MARCH 2019

* COMPLETION OF ARBF LIQUIDATION EXPECTED BY MID-JULY 2019

* WELL ON TRACK TO ACHIEVE CHF 40 MILLION COST SAVINGS BY END OF 2019

* REITERATES EXPECTATION THAT FINANCIAL PERFORMANCE FOR FIRST HALF OF 2019 WILL BE MATERIALLY BELOW FIRST HALF OF 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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