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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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Annual Results , Nderlying Losses Before Tax , Takeover Bid , Stock Investment , Elmar Zumbuehl ,

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. ....

United Kingdom , Elliot Gulliver Needham , Elmar Zumbuehl , Rock Investments ,

Conditions for UK asset management remain bleak

Conditions for UK asset management remain bleak
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United Kingdom , City Of , Iain Hooley , Peter Sanderson , Xavier Niel , Elmar Zumbuehl , Jennifer Mathias , United Jupiter Fund Management , Brooks Macdonald , John Ions , Investec Wealth , Investment United Kingdom , Kingdom Listed Jupiter Fund Management ,