Swiss asset management firm GAM expects to report a full-year loss of CHF30m (£24m) for 2021, a 92% reduction in its 2020 full-year loss of CHF388.4m (£311m). The IFRS net loss after tax figure for 2020 was largely comprised of a CHF377.7m (£302.5m) impairment charge linked to lega...

Join International Investment to continue reading

Read the full article by logging in or joining to gain access to our premium content and members-only insights.

Subscribe Login