Liontrust takeover of GAM faces new hurdle as Geneva-based investor group formed
NewGAMe SA and wealth manager Bruellan have acquired 7.5% of GAM
NewGAMe SA and wealth manager Bruellan have acquired 7.5% of GAM
‘Now is the time for investors to be flexible and pragmatic’
GAM expects acquisition talks to come to a ‘successful conclusion’ by 4 May
Deal would create a business with around £100bn of assets under management
Rising rates remain the chief impediment to investors being able to engage meaningfully in risk assets
UK equities are proving more resilient than other world markets
Headcount is down 11% in a year, but net losses ratcheted up ten-fold
Thomas Laker joins the asset manager’s UK team
‘Inflation still isn’t fully handled, and it’s easy for markets to get carried away’ warns one analyst
Investment director Jian Shi Cortesi will lead a revamped team and take charge of two more funds
Goro Takahashi joins the firm’s Japanese equities team
Joss Mitchell brings 35 years’ industry experience having previously worked at Kleinwort Hambros, Citi and HSBC