Tag: Liontrust

  • Struggling Swiss Fund Operator GAM Loses Independence!

    Struggling Swiss Fund Operator GAM Loses Independence!

    After years of struggling against cash outflows and another year of weak business figures, the Swiss fund company GAM is losing its independence. The British Liontrust Asset Management will take it over. Liontrust is offering 107 million francs in its shares for GAM, the two companies said Thursday. GAM’s board…