GAM’s Elmar Zumbuehl appointed CEO
Chief risk officer joined the asset manager in 2010
Chief risk officer joined the asset manager in 2010
Directors to hold board seats until AGM in 2024
Chief risk officer Elmar Zumbuehl replaces Randel Freeman, who has withdrawn due to unforeseen family circumstances
After the investor group agrees to provide £18m short-term financing to GAM
Liontrust’s protracted attempt to acquire GAM came to an unsuccessful conclusion last week
Peel Hunt analysts said further deals could be possible with Liontrust as ‘predator or target’
Investor group NewGAMe has raised a complaint to the Swiss Takeover Board
Rock suggested the asset manager issue a £22m convertible bond
The meeting was planned to give shareholders a vote on proposals made by Rock Investment
Board ‘determined’ to go forward as planned despite Liontrust offer period extension
FCA has granted approval for the proposed takeover
CEO John Ions criticised the investor group’s proposal, accusing them of being ‘long on rhetoric’ but ‘short on detail’