Gam halts issuance after restructure

Julius Baer Group split off Gam Holdings from its private banking business on October 1, listing the asset manager separately on the Swiss Stock Exchange. The division will see an end to the formal distribution of Julius Baer-issued structured products through Gam Holdings.

The private bank will cease to issue new structured products based on Gam funds, but will continue to manage existing products. Issuance of structured products linked to other asset classes will continue, says a spokesperson