GAM Holding AG (GAMH.S)
Fri, Jul 13 2018
ZURICH, July 13 GAM Holding AG will take an impairment charge of around 59 million Swiss francs ($58.9 million) related to its 2016 acquisition of British hedge fund Cantab Capital Partners, the Swiss group said while flagging a sharp drop in first-half profit.
* SEES H1 UNDERLYING PROFIT BEFORE TAXES, WHICH EXCLUDES NON-RECURRING AND ACQUISITION-RELATED ITEMS, OF AROUND CHF 91 MILLION
July 9 Zurich based Asset Manager GAM Investments said on Monday it named Markus Heider investment manager for emerging markets fixed income team, based in London.
ZURICH, July 2 Swiss asset manager GAM Holding told employees it was preparing for a "worst case" Brexit scenario in which Britain gives up full access to the single market and customs union with the European Union, the Financial Times reported on Monday, citing an internal company email.
* GAM INVESTMENTS AWARDED A USD 200 MILLION ADVISORY AGREEMENT FROM FIRST SECURITIES INVESTMENT TRUST CO. LTD Source text for Eikon: Further company coverage: (Gdynia Newsroom)
* CEO TELLS REUTERS CURRENTLY NO APPETITE FOR FURTHER ACQUISITIONS Further company coverage: (Reporting by Silke Koltrowitz)
* CFO SAYS EXPECTS TO BE AT LOWER END OF TARGET OPERATING MARGIN IN 2018 Further company coverage: (Reporting by Silke Koltrowitz)
ZURICH, March 1 Swiss money manager GAM Holding on Thursday reported underlying pre-tax earnings that exceeded even the highest analyst expectations for 2017.