Switzerland's GAM Holding FY net loss narrows on cost reductions

Gam Holding AG

26/03/2026 06:10

Overview

Switzerland asset manager's FY2025 net loss narrowed to CHF 74.2 mln

Adjusted pretax loss improved to CHF 60.2 mln, mainly from cost reductions

Assets under management fell to CHF 12.5 bln due to net outflows and disposals

Outlook

GAM's priorities for 2026 are focused on achieving growth and sustainable net inflows

Company says a return to profitability in 2026 is likely to take longer than previously targeted

GAM remains confident its strategic foundations provide a strong base for sustainable growth

Result Drivers

COST REDUCTIONS - Co said improved underlying loss was mainly driven by cost reductions

NET OUTFLOWS - Co attributed decline in AuM to net outflows and asset disposals

LOWER FEE INCOME - Co said decrease in net fee and commission income partially offset cost reductions

Company press release: ID:nGNE3NRzyt

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
-CHF 74.20 mln
FY Adjusted Pretax Profit
-CHF 60.20 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)