Silchester International Investors LLP, currently controlling 19.02% of GAM Holding AG voting rights, informed the company today that it intends to vote in favour of the GAM Board of Directors' recommendations for the agenda items in respect of Board composition at the upcoming Annual General Meeting on 27 April 2017. No guidance was provided on any other agenda items.
Further documents and information related to the Annual General Meeting, the Group’s strategy and 2016 results can be found on: www.gam.com/agm2017.
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GAM is one of the world’s leading independent, pure-play asset managers. The company provides active investment solutions and products for institutions, financial intermediaries and private investors under two brands: GAM and Julius Baer Funds. The core investment business is complemented by private labelling services, which include management company and other support services to third-party asset managers. GAM employs about 1,000 people in 12 countries with investment centres in London, Cambridge, Zurich, Hong Kong, New York, Milan and Lugano. The investment managers are supported by an extensive global distribution network.
Headquartered in Zurich, GAM is listed on the SIX Swiss Exchange and is a component of the Swiss Market Index Mid (SMIM) with the symbol ‘GAM’. The Group has assets under management of CHF 120.7 billion (USD 118.8 billion) as at 31 December 2016.