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Swiss Asset Management Firm Names Asia-Pacific Head

Vanessa Doctor

30 September 2013

, group head of distribution and marketing.

GAM Holding, the parent firm of Swiss & Global Asset Management, has had a presence in the region since 1985 and currently employs 45 people at its Hong Kong branch. 

The firm recently announced an underlying net profit of SFr117 million ($126.3 million) in the first half of 2013, a 58 per cent surge from a year before.GAM’s operating income totalled SFr357.4 million, up by 27 per cent from the same period a year earlier. Net management fees and commissions rose by 14 per cent, from SFr245.0 million to SFr278.9 million.