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Swiss Money Manager GAM Revives Sale Plans Again

  • GAM is working with advisers to gauge buyer interest
  • Shares in GAM have fallen more than 50% in past year
Updated on

GAM Holding AG is once more exploring a potential sale after the Swiss fund manager’s previous attempts to find a buyer stalled, according to people familiar with the matter. 

The firm is working with advisers as it gauges interest from potential suitors, the people said, asking not to be identified discussing confidential information. Deliberations are ongoing and there’s no certainty they’ll result in a deal, the people said. GAM managed assets of about 83 billion Swiss francs ($86 billion) at the end of June.