Wealth and Asset Management
GAM rebuffs Schroders approach for hedge fund unit
Schroders has approached embattled Swiss investment group GAM over a potential acquisition of its Systematic division that houses the Cantab quantitative hedge fund. However, GAM has rebuffed the approach, concerned that selling one of its prized assets would make an overall sale more difficult, according to two people familiar with…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Financial Times