GAM Holding AG (GAMH.S)
19 Oct 2018
ZURICH GAM Holding shares surged more than 16 percent on Wednesday following a media report that the Swiss fund manager was in informal talks with potential buyers.
ZURICH, Sept 28 GAM Holding promoted its investments head to its management board on Friday and said its compliance head was leaving after a tumultuous period triggered when it suspended the executive in charge of absolute return bond funds in July.
* MATTHEW BEESLEY WILL TAKE UP POSITION OF GROUP HEAD OF INVESTMENTS
ZURICH, Sept 25 GAM Holding said its decision to suspend a director in charge of absolute return bond funds in July, which triggered an investor exodus and a sharp fall in the company's shares at the time, was prompted by a tip from an internal whistleblower.
ZURICH, Sept 25 A tip from an internal whistleblower led GAM Holding to suspend a director in charge of absolute return bond funds, the Swiss group said on Tuesday, a move than triggered an investor exodus and a sharp fall in the company's shares.
NEW YORK A broad index of world stock markets posted gains for a second straight day on Tuesday, as investors piled into U.S. technology and energy stocks even as a trade war loomed. | Video
NEW YORK An index of global stock markets rose on Monday for the first time in eight trading sessions on optimism about policy from Italy to the United States, dodging anxiety about the U.S.-China trade war. | Video
* U.S. Republicans poised to unveil further tax cuts (Updates to close of U.S. equity market)
* Emerging markets under pressure (Updates throughout; changes dateline, previous LONDON)
ZURICH, Aug 28 GAM Holding will next month start liquidating funds whose trading it halted in July after suspending the investment director who ran them, the Swiss group said on Tuesday.