GAM CEO prepped for ESG talent fight and targets pivot to wealth
Swiss asset manager puts sustainability as one of three core pillars as it seeks to shake long shadow of 2018 scandal. 4 August, 2021
Swiss asset manager GAM is pushing to be a sustainable leader, expanding its product offering and growing its wealth management operations as part of long-term growth plans.
The Zurich-headquartered company made the comments as part of its ad hoc H1 2021 results, which showed continued outflows over the first half of the year. A total of CHF2.2bn (€2.05bn) was withdrawn over the six months and assets sit at CHF 34.8bn, compared to CHF84bn in 2018.
Gam s funds business fails to curb outflows as clients withdraw £1 7bn
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