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Regulator accuses GAM of failing to disclose Cantab liability

Six Exchange Regulation potentially deals a fresh blow to the reputation of the Zurich-based asset manager

Switzerland’s listing authority has accused GAM Holding of failing to properly disclose financial liabilities tied to its 2016 acquisition of Cantab Capital Partners, the quant hedge fund.

It could mean GAM having to restate historical accounts just as the Zurich-headquartered asset manager looks to move on from an 18-month period that has dealt a number of blows to its reputation.

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