Peter Sanderson, GAM's chief executive

GAM expects to report an underlying pre-tax loss of approximately CHF 15 million in its full year results for 2020, it said yesterday (18 January).

This is an increase on the CHF 10.5 million reported a year earlier.

Providing an update in accordance with its obligations under the listing rules of the SIX Swiss Exchange, the firm explained its current position with the impairment charg...