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GAM Holding AG (GAMH.S)

GAMH.S on Swiss Exchange

4.53CHF
2:23pm GMT
Change (% chg)

CHF0.05 (+1.03%)
Prev Close
CHF4.48
Open
CHF4.47
Day's High
CHF4.55
Day's Low
CHF4.40
Volume
331,691
Avg. Vol
1,351,579
52-wk High
CHF18.18
52-wk Low
CHF4.33

Latest Key Developments (Source: Significant Developments)

GAM Holding Announces Changes To Group Management Board
Friday, 28 Sep 2018 

Sept 28 (Reuters) - GAM Holding AG ::ANNOUNCES CHANGES TO THE GROUP MANAGEMENT BOARD.MATTHEW BEESLEY WILL TAKE UP POSITION OF GROUP HEAD OF INVESTMENTS.NATALIE BAYLIS HAS DECIDED TO STEP DOWN FROM HER ROLE FOR PERSONAL REASONS AND WILL LEAVE GAM AT END OF OCTOBER 2018.DAVID KEMP WILL JOIN GAM ON 1 OCTOBER 2018 AS INTERIM GROUP HEAD OF COMPLIANCE.MATTHEW BEESLEY TO BECOME HEAD OF INVESTMENTS.NATALIE BAYLIS, WHO JOINED GAM AND GMB AS GROUP HEAD OF COMPLIANCE IN JUNE 2018, HAS DECIDED TO STEP DOWN FROM HER ROLE FOR PERSONAL REASONS.  Full Article

GAM Holding Outlines Liquidation Plan For Unconstrained/Absolute Return Bond Funds
Tuesday, 28 Aug 2018 

Aug 28 (Reuters) - GAM Holding AG ::OUTLINES LIQUIDATION PLAN FOR UNCONSTRAINED/ABSOLUTE RETURN BOND FUNDS.GAM INVESTMENTS ANNOUNCED TODAY THAT SUSPENDED UNCONSTRAINED/ABSOLUTE RETURN BOND FUNDS (ARBF) HAVE OBTAINED APPLICABLE APPROVALS TO START LIQUIDATION PROCESS.ALL FUND INVESTORS WILL RECEIVE THEIR PROPORTIONATE INTEREST IN CASH FROM LIQUIDATION PROCESS.EACH FUND EXPECTS TO BE ABLE TO MAKE FIRST PAYMENTS IN EARLY SEPTEMBER.ALSO EXPECTS TO OFFER ALTERNATIVE STRUCTURES FOR INVESTORS WHO WANT TO REMAIN INVESTED WITH ARBF TEAM.GAM HOLDING - UCITS FUND IS EXPECTED TO BE AVAILABLE FOR INVESTORS IN COMING WEEKS, AND COMPANY IS SETTING UP A NEW CAYMAN FUND AS WELL.GAM SAYS EACH FUND RETURNING BETWEEN 74% AND 87% OF THE LUXEMBOURG AND IRISH-DOMICILED UCITS FUNDS, AND BETWEEN 60% AND 66% OF THE ASSETS IN THE CAYMAN MASTER FUND.  Full Article

GAM Holding H1 IFRS Net Profit Down 62 Pct To CHF 25.4 Million
Tuesday, 31 Jul 2018 

July 31 (Reuters) - GAM Holding AG ::H1 IFRS NET PROFIT DECLINED 62% TO CHF 25.4 MILLION.H1 2018 UNDERLYING PRE-TAX PROFIT UP 21% TO CHF 91.3 MILLION.H1 NET FEE AND COMMISSION INCOME UP 12% TO CHF 287.7 MILLION.H1 UNDERLYING PROFIT BEFORE TAXES ROSE 21% TO CHF 91.3 MILLION.COMMITTED TO ACHIEVING GROWTH IN DILUTED UNDERLYING EARNINGS PER SHARE IN EXCESS OF 10% ON AN ANNUALISED BASIS AND AN OPERATING MARGIN OF 35-40%, BOTH OVER FIVE TO EIGHT-YEAR BUSINESS CYCLE.  Full Article

GAM Holding Sees H1 IFRS Net Profit Of Around CHF 25 Mln
Friday, 13 Jul 2018 

July 13 (Reuters) - GAM HOLDING AG ::SEES H1 UNDERLYING PROFIT BEFORE TAXES, WHICH EXCLUDES NON-RECURRING AND ACQUISITION-RELATED ITEMS, OF AROUND CHF 91 MILLION.SEES H1 IFRS NET PROFIT OF APPROXIMATELY CHF 25 MILLION, COMPARED WITH CHF 67.7 MILLION IN FIRST HALF OF 2017.  Full Article

GAM Holding Q1 Group Net Inflows Of CHF 6.0 Billion
Thursday, 19 Apr 2018 

April 19 (Reuters) - GAM Holding AG ::REPORTS Q1 GROUP NET INFLOWS OF CHF 6.0 BILLION.CONTINUES TO SEE GOOD DEMAND FOR ITS PRODUCTS.  Full Article

GAM Holding Announces New Compensation Framework
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - GAM HOLDING AG ::GAM HOLDING AG ANNOUNCES NEW COMPENSATION FRAMEWORK.  Full Article

GAM Holding AuM at CHF 148.4 billion as of Sept 30
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - GAM HOLDING AG :‍GROUP ASSETS UNDER MANAGEMENT UP 13% TO CHF 148.4 BILLION FROM 30 JUNE 2017.‍Q3 TOTAL NET INFLOWS OF CHF 11.8 BILLION​.  Full Article

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.