GAM Shares Rise as Impact of Haywood Scandal Eases

The video discusses the positive developments for GAM and its major investors, including George Soros and Mario Gabelli. It raises the possibility of GAM being for sale and the potential reopening of sales discussions. The asset management industry is currently experiencing significant changes, with consolidation being a key trend. GAM, with its substantial assets under management, is seen as a potential acquisition target for insurance companies, banks, and other asset managers looking to expand their divisions.

What steps has GAM taken regarding its fund management?

What potential buyers are identified for GAM's assets?