Liontrust offer for GAM declared ‘unsuccessful’ as asset manager extends immediate short-term financing
The current GAM board is set to stand down at the upcoming Extraordinary General Meeting (EGM), with new directors to be proposed.
The current GAM board is set to stand down at the upcoming Extraordinary General Meeting (EGM), with new directors to be proposed.
Liontrust conditionally agreed to acquire its Swiss competitor GAM Holding for £96 million in May; shareholders currently assessing the offer.
GAM has hired Steve Rafferty who spent 16 years with BlackRock, most recently as global COO for fixed income.
Peter Sanderson to take helm of GAM as group chief executive officer as of 1 September.
The TRADE profiles its Rising Stars of Trading and Execution 2018, starting with Andrew Wynd, Michael Johns, Xavier Leopold, Alexandra Tidy and Joe Moloney.