DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Liontrust - 2 David Jacob - 2 Arnd - 1 Xavier Niel's - 1 Britain's Liontrust - 1 GAM's - 1 Niel's NewGAMe - 1 Bruellan - 1
Top related locs:
Zurich Switzerland British Liontrust ZURICH Swiss
Top related orgs:
GAM - 2 Thomson - 2 REUTERS - 1 Rights - 1

Search resuls for: "Liontrust's"


3 mentions found


☆ GAM in talks with Niel's NewGAMe after Liontrust offer falters
  + stars: | 2023-08-24 | by ( Brenna Hughes Neghaiwi Noele Illien | Brenna Hughes Neghaiwi | Noele Illien | ) www.reuters.com   time to read: +3 min
REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsZURICH, Aug 24 (Reuters) - GAM (GAMH.S) has entered into discussions with French billionaire Xavier Niel's NewGAMe shareholder group after a takeover offer from Britain's Liontrust failed to gain the required level of support. "The GAM Board acknowledges that the majority of our shareholders have not found the Liontrust Offer compelling. GAM shares fell 5.08% shortly after market open, whereas Liontrust recorded a 10.37% gain. Liontrust had made its offer conditional on winning the backing of two-thirds of GAM's shareholders in a prospectus it published in June. The investor group, led by Niel's NewGAMe and asset manager Bruellan, have vehemently opposed the all-share offer, saying in July that it "grossly undervalues GAM".
Persons: Arnd, Xavier Niel's, Britain's Liontrust, Liontrust, GAM's, David Jacob, Niel's NewGAMe, Bruellan, Brenna Hughes, Friederike Heine, Jason Neely, Christina Fincher Organizations: REUTERS, Rights, GAM, Thomson Locations: Zurich, Switzerland, British, Liontrust
☆ GAM shareholder group demands date change for extraordinary general meeting
  + stars: | 2023-08-08 | by ( ) www.reuters.com   time to read: +1 min
ZURICH, Aug 8 (Reuters) - Investors in Swiss asset manager GAM Holding (GAMH.S) have asked for the company's extraordinary general meeting - which could remove its chairman and board - to be delayed. The investor group, which controls roughly 9.6% of GAM shares, wants the EGM to be delayed until August 31, so shareholders can vote knowing the outcome of Liontrust's offer. The deadline for Liontrust's offer has been extended three times from the original date of July 25. The offer has been recommended by GAM's board, which triggered calls by some shareholders to remove chairman David Jacob and his board at an EGM. Some investors have opposed the all-share offer, saying in July that it "grossly undervalues GAM" and want to turn GAM around rather than selling.
Persons: Xavier Niel, Liontrust, David Jacob, John Revill, Miranda Murray Organizations: GAM, Thomson Locations: ZURICH, Swiss
☆ UK fund managers suffer asset declines on shaky markets
  + stars: | 2022-10-19 | by ( Sinchita Mitra Yadarisa Shabong | Sinchita Mitra | Yadarisa Shabong | ) www.reuters.com   time to read: +2 min
Liontrust reported net outflows of 1.6 billion pounds ($1.80 billion) in the July-September quarter, while Man Group posted net outflows of $500 million, compared with a $900 million consensus forecast. Quilter saw net inflows slow to 200 million pounds in the third quarter, compared with 1 billion pounds last year, while Rathbones' net inflows came in at 67 million pounds, following 1.43 billion pounds in outflows. Shares of Man Group dropped 5.3%, while Quilter shares shed 5%. Quilter's AUM at the quarter end was down by 1.8 billion pounds to 96.9 billion pounds. Rathbones' AUM fell to 57.9 billion pounds from 58.9 billion pounds at June-end, while Liontrust's slipped to 31.7 billion pounds over the same period.
0 next >>
Total: 3