Wealth and Asset Management
GAM Gives Suitors Cold Shoulder
The battered Swiss asset manager is suffering market ructions, but CEO Peter Sanderson is seeking to dissuade potential acquirers – and is even mulling new hires. GAM's start to 2020 was tumultuous, the Zurich-based asset manager wants to cut spending by 65 million Swiss francs ($68 million) by year-end, in…
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