GAM Assets Plummet by Nearly $18 Billion in Third Quarter

The video discusses the challenges faced by the asset management industry, including significant outflows and the impact of disciplinary actions. It explores the potential sale of a company and the likelihood of mergers and acquisitions due to industry consolidation. The video highlights the competitive pressures and cost-cutting measures driving these changes in the European market.

What percentage of assets was lost due to outflows in the investment management sector?

• 11%

• 25%

• 20%

• 15%

What is the company currently considering according to the chairman?

• Expanding operations

• Hiring more staff

• Launching new products

• Exploring a sale

What is the likely outcome for the company in terms of M&A activity?

• It will merge with another company

• It will be bought by someone

• It will remain independent

• It will acquire another company

What is driving the consolidation trend in the asset management industry in Europe?

• Lack of investment opportunities

• Increased competition and high costs

• Government regulations

• Technological advancements

What is the main reason for existing asset managers to join together?

• To expand globally

• To cut costs

• To diversify investments

• To increase market share