6. Aug 2026
Description
(AWP Alliance News) - GAM Holding AG reported a 39% narrowing in IFRS pretax loss to CHF 24.7 million in H1 2026, while adjusted pretax loss improved 30% to CHF 24.0 million. Total adjusted operating costs fell 17% to CHF 47.8 million.
Assets under management rose to CHF 12.7 billion at June 30, 2026, supported by CHF 0.9 billion of gross inflows. Net new money was CHF 38 million after adjusting for a CHF 0.4 billion withdrawal from a single segregated account, while client outflows dropped 81% to CHF 0.8 billion.
CEO Albert Saporta said the past two years' strategic actions are translating into stronger business momentum, citing improved investment performance, lower costs and a focus on growing AUM through a disciplined sales approach.
https://www.globenewswire.com/NewsRoom/ReleaseNg/402483801
Disclaimer: This news brief was created using generative artificial intelligence. GAM Holding AG published the original content used to generate this news brief via GlobeNewswire on August 06, 2026, and is solely responsible for the information contained therein.