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GAM Holding AG: Ad hoc announcement: GAM announces 2023 full year results, proposal to strengthen the balance sheet and strategic progress

GAM Holding AG: Ad hoc announcement: GAM announces 2023 full year results, proposal to strengthen the balance sheet and strategic progress
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Ad hoc announcement: GAM announces 2023 full year results, proposal to strengthen the balance sheet and strategic progress -March 27, 2024 at 02:00 am EDT

27 March 2024 PRESS RELEASE Ad hoc announcement pursuant to Art. 53 Listing Rules: GAM announces 2023 full year results, proposal to strengthen the balance sheet.

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GAM plans £87m rights issue to shore up balance sheet as losses mount

GAM Investments plans to raise up to CHF 100m (£87.5m) via a rights issue to shore up its finances after reporting heavy losses in 2023.

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GAM: Asset manager's losses spiral after Liontrust deal collapse

Swiss asset manager GAM has reported heavy losses in its annual results, after a year that saw its potential takeover by Liontrust fail.

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Conditions for UK asset management remain bleak

Conditions for UK asset management remain bleak
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