GAM reports AUM drop and expects 2019 to be worse
GAM Holding has provided an update on its assets under management, an estimate of its 2018 results, and announces comprehensive measures to strengthen the core business and reduce costs to support profitability. Group assets under management1 (AuM) of CHF 139.1 billion at 30 November 2018, down from CHF 146.1 billion…
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