GAM Holding AG is not in negotiations with Terraform Labs to support the Luna stablecoin
13 May 2022 - 7:18PM
GAM Holding AG is not in negotiations with Terraform Labs to
support the Luna stablecoin
13 May 2022
PRESS RELEASE
GAM Holding AG is not in negotiations
with Terraform Labs to support the Luna stablecoin
A press release purporting to come from GAM Holding was issued
at 23.00 UK time on 12 May. There is no truth in the story and GAM
did not issue a press release. GAM has strict controls on the
dissemination of press releases, and we are investigating the
source of this story and how it came to be published.
For further information please contact:
Charles Naylor
Head of
Communications and Investor RelationsT +44 7890 386 699
Investor
Relations Media
Relations Stephen
Gardner Ute Dehn
Christen T +44 7790
778544 T +41 58 426
31 36
Visit us: www.gam.comFollow us: Twitter and LinkedIn
About GAM
GAM is a leading independent, pure-play asset manager. The
company provides active investment solutions and products for
institutions, financial intermediaries, and private investors
through three businesses: Investment Management, Fund Management
Services and Wealth Management. GAM employed 605 FTEs in 14
countries with investment centres in London, Cambridge, Zurich,
Hong Kong, New York, Milan, and Lugano as of 31 December 2021. The
investment managers are supported by an extensive global
distribution network. Headquartered in Zurich, GAM is listed on the
SIX Swiss Exchange with the symbol ‘GAM’. The Group has AuM of CHF
94.8 billion (USD 103 billion) as at 31 March 2022.
Disclaimer regarding forward-looking
statements
This press release by GAM Holding AG (‘the Company’) includes
forward-looking statements that reflect the Company’s intentions,
beliefs or current expectations and projections about the Company’s
future results of operations, financial condition, liquidity,
performance, prospects, strategies, opportunities, and the industry
in which it operates. Forward-looking statements involve all
matters that are not historical facts. The Company has tried to
identify those forward-looking statements by using words such as
‘may’, ‘will’, ‘would’, ‘should’, ‘expect’, ‘intend’, ‘estimate’,
‘anticipate’, ‘project’, ‘believe’, ‘seek’, ‘plan’, ‘predict’,
‘continue’ and similar expressions. Such statements are made on the
basis of assumptions and expectations which, although the Company
believes them to be reasonable at this time, may prove to be
erroneous.
These forward-looking statements are subject to risks,
uncertainties, assumptions and other factors that could cause the
Company’s actual results of operations, financial condition,
liquidity, performance, prospects or opportunities, as well as
those of the markets it serves or intends to serve, to differ
materially from those expressed in, or suggested by, these
forward-looking statements. Important factors that could cause
those differences include but are not limited to changing business
or other market conditions, legislative, fiscal, and regulatory
developments, general economic conditions, and the Company’s
ability to respond to trends in the financial services industry.
Additional factors could cause actual results, performance, or
achievements to differ materially. The Company expressly disclaims
any obligation or undertaking to release any update of, or
revisions to, any forward-looking statements in this press release
and any change in the Company’s expectations or any change in
events, conditions, or circumstances on which these forward-looking
statements are based, except as required by applicable law or
regulation.
- 2022 05 13 GAM Holding AG is not in negotiations with Terraform
Labs
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