GAM Holding AG announced that the Group expects to report an IFRS net loss after tax of approximately CHF 30 million for the full year of 2021. This compares to an IFRS net loss after tax of CHF 388.4 million for the full year 2020. The Group also expects to report an underlying loss before tax of approximately CHF 10 million.

This compares to a CHF 14.9 million underlying loss before tax for the full year 2020.