GAM chief executive Peter Sanderson
The coronavirus pandemic has stymied turnaround efforts at investment manager GAM, which recorded CHF 8.5 billion in outflows in the first half of the year.
The firm prefaced this by saying its outflows had substantially reduced between Q1 and Q2. Assets under management within investment management sat at CHF 35.5 billion at 30 June 2020, down from CHF 48.4 billion at end-2019.
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