GAM (company)
| GAM
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|---|---|
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| legal form | Corporation |
| ISIN | CH0102659627 |
| founding | 1983 (as GAM) |
| Seat | Zurich , Switzerland |
| management | David Jacob (Chief Executive Officer ai) |
| Number of employees | over 900 |
| Branch | Asset management |
| Website | www.gam.com |
| As of December 31, 2018 | |
GAM , headquartered in Zurich, is an international Swiss asset management company that specializes in the development and sale of investment products and services. These include, in particular, equity and bond funds , alternative investment funds and portfolio management services.
At the end of 2018, the group had over 900 employees and managed CHF 132.2 billion in client assets. The shares of GAM Holding are since October 2009, on the Swiss Stock Exchange SIX Swiss listed .
history
GAM's roots go back to Global Asset Management Ltd., founded in 1983 by Gilbert de Botton with the help of Jacob Rothschild . (GAM) back. The operational headquarters of the company, which was then still registered in Bermuda , was initially in London . In the same year, Global Asset Management GAM (Schweiz) AG opened a location in Zurich. Further operational locations followed in Hong Kong (1985), New York and Dublin (1990) and Bermuda (1993). The core activities of GAM were in portfolio management for private and institutional customers as well as in the investment fund business, which includes not only traditional investment funds but also hedge funds in particular .
In 1999, GAM was taken over by UBS . In 2002, UBS gave GAM a holding structure and thus also relocated its legal headquarters to Zurich. After UBS hived off GAM together with its three independent private banks, Ehinger & Armand von Ernst , Banco di Lugano and Ferrier Lullin , from the Wealth Management & Business Banking and Global Asset Management business unit and into a separate Private Banks & GAM unit at the beginning of 2003 UBS sold it to Julius Baer Holding in December 2005. While the three private banks were fully integrated into Bank Julius Baer, GAM was initially incorporated into the Asset Management division as an independent subsidiary on the market .
In May 2009, Julius Baer decided to split the Private Banking and Asset Management divisions into two separate companies listed on the stock exchange. In the course of the splitting up of the Julius Baer Group, a new GAM Holding was formed, into which, in addition to the original GAM Group, the asset management business from the Julius Baer Group was incorporated under the new name Swiss & Global Asset Management. After approval by the shareholders and the supervisory authorities, GAM Holding was listed on the stock exchange on October 1, 2009 as an independent company.
As of June 1, 2015, the GAM brand structure was simplified and the use of the name Swiss & Global Asset Management was discontinued. The focus of GAM is on the positioning of the GAM product brand. The private labeling business originating from Swiss & Global Asset Management will also be continued under the uniform umbrella brand GAM.
Acquisitions
- 2009: GAM takes over Augustus Asset Managers Ltd., a former spin-off from Julius Baer.
- 2012: GAM takes over Arkos Capital SA. On July 31, 2012, GAM will complete the purchase of 74.95% of the shares in Arkos Capital SA announced on February 28. An agreement is made with the management of Arkos for the acquisition of the remaining 25.05%.
- 2014: GAM acquires Singleterry Mansley Asset Management, a US investment firm focused on mortgage and asset backed securities.
- 2015: GAM acquires Renshaw Bay's real estate loan business.
- May 2016: GAM announces agreement to purchase Taube Hodson Stonex.
- October 2016: GAM completed the acquisition of Cantab Capital Partners LLP ("Cantab") announced on June 29, 2016.
Web links
Individual evidence
- ↑ a b c About GAM ( Memento of the original from August 7, 2012 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Press release of February 21, 2019
- ↑ Entry in the “GAM Holding AG” Commercial Register of the Canton of Zurich ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ Information from GAM Holding AG on the SIX Swiss Exchange website
- ↑ 2018 full-year results report . Accessed December 31, 2018.
- ^ A b Gilbert de Botton , obituary of the Daily Telegraph , August 30, 2000
- ↑ Entry of "Global Asset Management GAM (Schweiz) AG" in the commercial register of the Canton of Zurich ( Memento of the original from January 16, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Entry of “GAM Holding AG” in the commercial register of the Canton of Zurich ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ^ Julius Baer, press release of May 20, 2009
- ↑ a b Press release from “GAM”, which, among other things, addresses the discontinuation of the name Swiss & Global Asset Management
- ↑ Entry in "GAM to acquire Augustus asset managers ltd ( Memento of the original from July 2, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Press release of August 2, 2012
- ↑ Press release of June 5, 2014
- ↑ Press release of August 11, 2015
- ↑ Press release of May 16, 2016
- ↑ Press release of October 4, 2016
