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GAM Holding AG (GAMH.S)

GAMH.S on Swiss Exchange

11.29CHF
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CHF11.31
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Fri, Jul 13 2018

Swiss GAM sees H1 profit hit from Cantab writedowns

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.

BRIEF-GAM Holding Sees H1 IFRS Net Profit Of Around CHF 25 Mln

* SEES H1 UNDERLYING PROFIT BEFORE TAXES, WHICH EXCLUDES NON-RECURRING AND ACQUISITION-RELATED ITEMS, OF AROUND CHF 91 MILLION

MOVES-GAM names Markus Heider investment manager in London

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.

Switzerland's GAM prepares for "worst case" Brexit scenario - FT

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.

BRIEF-GAM Holding: GAM Investments Awarded USD 200 Mln Advisory Agreement

* 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)

BRIEF-GAM CEO says currently no appetite for further acquisitions‍​

* CEO TELLS REUTERS CURRENTLY NO APPETITE FOR FURTHER ACQUISITIONS‍​ Further company coverage: (Reporting by Silke Koltrowitz)

BRIEF-GAM expects operating margin at lower end of target in 2018 ‍​

* CFO SAYS EXPECTS TO BE AT LOWER END OF TARGET OPERATING MARGIN IN 2018 ‍​ Further company coverage: (Reporting by Silke Koltrowitz)

Money manager GAM posts pre-tax earnings beat

ZURICH, March 1 Swiss money manager GAM Holding on Thursday reported underlying pre-tax earnings that exceeded even the highest analyst expectations for 2017.

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