GAM eyes alternatives expansion as losses set to increase

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James Baxter-Derrington
clock • 1 min read

GAM is eyeing an expansion of its activity in the alternatives space as the firm enters 2024, while losses mount in a year marked by Liontrust’s failed takeover bid.

According to the firm, it seeks to enter news partnerships in alternatives over the coming year, alongside launching a private shares strategy in Europe. GAM transfers investment team of Global Rates strategy to Investcorp-Tages It also aims to complete the sale of its third-party fund management services business, complete the final implementation stage of the SimCorp platform, enter new distribution partnerships and transfer the management company services for GAM funds. As part of its strategy update, the firm revealed it expected losses to increase in the full year 2023, predic...

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