Thursday, November 9, 2017
GAM to move London offices to the City
GAM today announced that it has entered into lease agreements to move its London offices to 8 Finsbury Circus.
GAM will consolidate its three offices in the St James’s district, where it has been based since 1983, into one building in the City of London.
All London-based staff are expected to move into the 42,000 square foot office space in the first quarter of 2019.
Group CEO Alexander S. Friedman said: “I am pleased that we have found a world class building to bring all of our London-based teams together, promoting greater communication and collaboration in a modern working environment. This move will also further improve the efficiency of our London operations.”
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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. The core investment business is complemented by private labelling services, which include management company and other support services to third-party institutions. GAM employs over 900 people in 13 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 148.4 billion (USD 153.3 billion) as at 30 September 2017.
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This press release by GAM Holding AG (‘the Company’) includes forward-looking statements that reflect the Company’s intentions, beliefs or current expectations and projections about the Company’s future results of operations, financial condition, liquidity, performance, prospects, strategies, opportunities and the industry in which it operates. Forward-looking statements involve all matters that are not historical facts. The Company has tried to identify those forward-looking statements by using words such as ‘may’, ‘will’, ‘would’, ‘should’, ‘expect’, ‘intend’, ‘estimate’, ‘anticipate’, ‘project’, ‘believe’, ‘seek’, ‘plan’, ‘predict’, ‘continue’ and similar expressions. Such statements are made on the basis of assumptions and expectations which, although the Company believes them to be reasonable at this time, may prove to be erroneous.
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