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GAM expects 'challenging' 2019

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Assets under management (AuM) in investment management down to CHF 56.1 billion1 as at 31 December 2018 from CHF 84.4 billion at the end of 2017, mainly driven by: Reduction of CHF 11.0 billion2 related to the unconstrained/absolute return bond funds (ARBF) Net outflows of CHF 10.5 billion from non-ARBF…

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