for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

GAM Holding

GAMH.S

Latest Trade

2.89CHF

Change

0.08(+2.92%)

Volume

2,148,327

Today's Range

2.79

 - 

2.94

52 Week Range

2.73

 - 

6.19

As of on the SIX Swiss Exchange ∙ Minimum 15 minute delay

Latest Developments

GAM Holding Group AUM Down At CHF 135.7 Bln As At Sept. 30

Oct 17 (Reuters) - GAM Holding AG <GAMH.S>::WE EXPECT CONTINUED MARKET VOLATILITY.GROUP AUM TOTALLED CHF 135.7 BILLION(1) AS AT 30 SEPTEMBER 2019, DOWN FROM CHF 136.1 BILLION(2) AS AT 30 JUNE 2019.WE REITERATE OUR 2019 GUIDANCE OF UNDERLYING PRE-TAX PROFIT TO BE MATERIALLY LOWER THAN IN 2018.RESTRUCTURING PROGRAMME ON TRACK.ON TRACK TO ACHIEVE AT LEAST CHF 40 MILLION OF COST SAVINGS BY END OF 2019, WITH FULL BENEFIT MATERIALISING IN 2020.

GAM Says No Discussions With Generali Or Any Co About M&A Activity

Oct 8 (Reuters) - Gam Holding Ag <GAMH.S>::RESPONSE TO MEDIA SPECULATION.GAM CAN CONFIRM THAT THERE ARE NO DISCUSSIONS WITH GENERALI, OR ANY OTHER COMPANY, CONCERNING M&A ACTIVITY.

Zürcher Kantonalbank Acquires Precious Metals ETF, Money Market Business From GAM

July 30 (Reuters) - Zuercher Kantonalbank::ACQUIRES PRECIOUS METAL ETF, MONEY MARKETS BUSINESSES FROM GAM.TO ACQUIRE FOUR SWISS PRECIOUS METALS FUNDS FROM GAM WITH ASSETS UNDER MANAGEMENT OF CHF 1.8 BILLION.GAM’S MONEY MARKET FUNDS DOMICILED IN LUXEMBOURG WITH ASSETS UNDER MANAGEMENT OF APPROXIMATELY CHF 0.4 BILLION WILL ALSO BE ACQUIRED.PURCHASE PRICE AMOUNTS TO CHF 14 MILLION, WHICH CORRESPONDS TO AROUND 0.6 % OF THE ACQUIRED ASSETS.

GAM Holding Appoints Peter Sanderson As Group CEO

July 30 (Reuters) - GAM Holding AG <GAMH.S>::GAM HOLDING AG APPOINTS PETER SANDERSON AS GROUP CEO.

GAM Holding Provides Update On ARBF Liquidation

July 15 (Reuters) - GAM Holding AG <GAMH.S>::GAM: UPDATE ON ARBF LIQUIDATION.GAM HOLDING -RECEIVED ALL PROCEEDS FROM SALE OF REMAINING ABSOLUTE RETURN BOND INVESTMENTS: 100.5% OF PORTFOLIO VALUE BEING RETURNED TO INVESTORS.GAM HOLDING AG SAYS FINAL PAYMENTS TO CLIENTS ARE EXPECTED TO BE MADE BY END OF JULY 2019..

GAM Holding Provides H1 Results Update

July 10 (Reuters) - GAM HOLDING AG <GAMH.S>::PROVIDES AN UPDATE ON FIRST-HALF 2019 RESULTS.TO REPORT UNDERLYING PROFIT BEFORE TAXES OF ABOUT CHF 2 MILLION FOR FIRST HALF 2019.CONFIRMS THAT IT IS ON TRACK TO SELL REMAINING ARBF ASSETS ON OR BEFORE 15 JULY 2019.SEES TO REPORT H1 IFRS NET LOSS, INCLUDING NON-RECURRING AND ACQUISITION-RELATED ITEMS, OF AROUND CHF 14 MILLION, VERSUS IFRS NET PROFIT OF CHF 25.4 MILLION IN H1 2018.EXPECTED H1 TOTAL GROUP AUM OF AROUND CHF 136 BILLION VERSUS CHF 163.8 BILLION AS AT 30 JUNE 2018.

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

April 17 (Reuters) - GAM Holding AG <GAMH.S>::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.

GAM Holding Nominates Three New Members To Board Of Directors

April 4 (Reuters) - GAM HOLDING AG <GAMH.S>::NOMINATES THREE NEW MEMBERS TO ITS BOARD OF DIRECTORS.HUGH SCOTT-BARRETT IS PROPOSED FOR RE-ELECTION AS CHAIRMAN.

GAM Holding Says AUM In Investment Management Down At CHF 56.1 Bln

Feb 21 (Reuters) - GAM Holding AG <GAMH.S>::ASSETS UNDER MANAGEMENT (AUM) IN INVESTMENT MANAGEMENT DOWN TO CHF 56.1 BILLION(1) AS AT 31 DECEMBER 2018.UNDERLYING PROFIT BEFORE TAXES OF CHF 126.7 MILLION IN 2018, COMPARED TO CHF 172.5 MILLION IN 2017.IFRS NET LOSS OF CHF 929.1 MILLION IN 2018.FOR 2019 AND BEYOND, GAM WILL TARGET A MINIMUM DIVIDEND PAY-OUT OF 50% OF UNDERLYING NET PROFITS.RECONFIRMING FINANCIAL OUTLOOK ANNOUNCED IN DECEMBER 2018.FOLLOWING CONCLUSION OF INVESTIGATION AND DISCIPLINARY PROCEEDINGS, SUSPENDED INVESTMENT DIRECTOR HAS NOW BEEN DISMISSED FROM COMPANY FOR GROSS MISCONDUCT.RESTRUCTURING ANNOUNCED IN DECEMBER 2018 IS UNDERWAY..EXPECTS TO ACHIEVE A REDUCTION IN FIXED PERSONNEL AND GENERAL EXPENSES OF AT LEAST CHF 40 MILLION BY END OF 2019.REDUCTION IN FIXED PERSONNEL AND GENERAL EXPENSES: ONE THIRD OF SAVINGS TO BE REFLECTED IN 2019 AND FULL BENEFIT IN 2020.SUSPENDED ITS MID- TO LONG-TERM FINANCIAL TARGETS.2019 WILL PROVE A CHALLENGING YEAR.ALONG WITH NORMAL FLOW DYNAMICS, DAILY FLOW POSITION HAS IMPROVED IN FIRST WEEKS OF 2019 COMPARED TO DECEMBER 2018, BUT INSTITUTIONAL FLOWS REMAIN UNPREDICTABLE.FOR 2018 FINANCIAL YEAR, BOARD OF DIRECTORS WILL PROPOSE TOTAL VARIABLE COMPENSATION OF CHF 5.6 MILLION FOR GROUP MANAGEMENT BOARD, DOWN 59% COMPARED TO 2017.NO VARIABLE COMPENSATION WILL BE PAID TO FORMER GROUP CEO FOR 2018.NO ANNUAL BONUS WOULD BE AWARDED TO GROUP CFO FOR 2018 PERFORMANCE YEAR.

GAM Holding Revises 2018 Results, Announces Comprehensive Restructuring Programme And Proposes Suspension Of 2018 Dividend

Dec 13 (Reuters) - GAM HOLDING AG <GAMH.S>::PROVIDES AN ESTIMATE ON ITS 2018 RESULTS AND ANNOUNCES A COMPREHENSIVE RESTRUCTURING PROGRAMME AS WELL AS A PROPOSED SUSPENSION OF THE 2018 DIVIDEND.UNDERLYING PROFIT BEFORE TAXES FOR 2018 EXPECTED TO BE APPROXIMATELY CHF 125 MILLION COMPARED WITH CHF 172.5 IN 2017.ESTIMATED IFRS NET LOSS OF APPROXIMATELY CHF 925 MILLION FOR 2018.LOSS DRIVEN BY EXPECTED GOODWILL IMPAIRMENT CHARGE FOR GROUP OF APPROXIMATELY CHF 885 MILLION.APPROXIMATELY 10% OF ROLES BEING ELIMINATED ACROSS GROUP DURING 2019, SUBJECT TO LEGAL AND REGULATORY REQUIREMENTS.LOSS ALSO DRIVEN BY EXPECTED IMPAIRMENT CHARGE OF APPROXIMATELY CHF 62 MILLION IN SECOND HALF 2018 RELATED TO CANTAB INVESTMENT MANAGEMENT AND CLIENT CONTRACTS.REVISING DIVIDEND POLICY FOR 2019 AND BEYOND TO TARGET A MINIMUM PAY-OUT OF 50% OF UNDERLYING NET PROFITS.GAM - RESTRUCTURING MEASURES ARE EXPECTED TO RESULT IN REDUCTION OF FIXED STAFF COSTS AND GENERAL EXPENSES RUN RATE OF AT LEAST CHF 40 MILLION BY END 2019.EXPECTS FINANCIAL RESULTS FOR FIRST HALF AND FULL YEAR 2019 TO BE MATERIALLY BELOW THOSE OF FIRST HALF AND FULL YEAR 2018.NO DIVIDEND WILL BE PAID FOR 2018 TO ACCELERATE GROUP'S CAPITAL REBUILD.GROUP ASSETS UNDER MANAGEMENT(1) (AUM) OF CHF 139.1 BILLION AT 30 NOVEMBER 2018, DOWN FROM CHF 146.1 BILLION AS AT 30 SEPTEMBER 2018.ASSETS UNDER MANAGEMENT DRIVEN BY NET OUTFLOWS OF CHF 4.2 BILLION AND NEGATIVE MARKET AND FOREIGN EXCHANGE MOVEMENTS OF CHF 1.6 BILLION.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up