Wealth and Asset Management
Ex-GAM Bidder Liontrust Caught in a Downward Spiral
British fund management company Liontrust wanted to purchase and stabilize crisis-ridden Swiss competitor GAM. Following the failed takeover bid, Liontrust itself is now struggling on several fronts. At the end of the month, Liontrust Asset Management is to suffer further disgrace: the stocks of the publicly listed investment company will…
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