Pinch and a punch

Happy first of the month.

Savouring the last day of the pre-back-from-summer rush I’m expecting on Monday, I’ve resigned myself to the fact that summer is effectively done, although it never really got started here

August was a bit of an odd month, with several major events happening, but at the same time, a whole lot of nothing as well. On a headline basis, we had the breakdown of the Liontrust-GAM deal, with the latter now looking at how it can repay the £8.9m loan it was granted by its former potential buyer within the next month. Summer flings The collapse of the deal followed weeks of back and forth between the two groups and a vocal band of GAM shareholders who vehemently opposed the deal. While the negotiations (and multiple deadline pushbacks) were ongoing, NewGAMe and SA Bruellan ...