GAM Said to Hold Talks With Potential Buyers as it Explores Options

The video discusses a company's financial struggles, including suspensions of key personnel, asset losses, and plummeting share prices. It highlights the freezing of a fund with daily redemptions, causing significant issues for the asset manager. The company is considering selling parts or all of its business amid underperformance and market consolidation. The video questions potential buyers and the future of the company in a challenging financial environment.

What is the significance of the potential buyers mentioned in the text?

How has the performance of the asset manager's major funds been described?