GAM has announced it is to acquire Arkos Capital, a
Swiss-regulated independent investment management firm with
assets under management of some €530 million. The
transaction should close before the end of the second quarter,
subject to regulatory approvals.
All of Arkos' key personnel, including its investment team,
will be retained by GAM and will continue to work out of
GAM will acquire 74.95% of Arkos' share capital immediately
after regulatory approval is received, with the remaining
25.05% - which is...