GAM senior portfolio managers express support for Liontrust merger

'Highly credible' acquisition proposal

Valeria Martinez
clock • 2 min read

Senior portfolio managers at GAM Investments have expressed their “strong support” for GAM Holding board’s decision to pursue a merger with Liontrust Asset Management.

In a letter released today (23 May), the managers said the proposed acquisition by Liontrust is "highly credible" and "in the best interests of GAM clients". "It is our view that an industry sale to a highly regarded peer with a heritage in fund management, a strong track record of acquisitions and integrations, and consistently strong profitability is in the best interests of GAM clients," they wrote.  Liontrust acquires GAM The managers said there is a "cultural alignment" between GAM and Liontrust, which will provide "the environment and support to enable the investment teams to...

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