Martin Gilbert’s asset manager AssetCo cited an “exceptionally difficult” year for the fund management sector as its total loss for the 12 months ended September 30,…

Martin Gilbert’s asset manager AssetCo has confirmed the completion of its acquisition of Ocean Dial Asset Management Limited from Avendus Capital Asset Management (UK) Limited. This…

Martin Gilbert’s asset manager AssetCo has announced the disposal of its 70% equity interest in Rize, a thematic ETF specialist, to Cathie Wood’s ARK Invest…

Martin Gilbert’s asset manager AssetCo announced that the UK’s Financial Conduct Authority has approved its “change in control application” which will enable AssetCo to proceed with…

Martin Gilbert’s AssetCo announced that Campbell Fleming has decided to step down as chief executive officer “after overseeing the formation of the company, completing a…

AssetCo chairman Martin Gilbert admitted on Wednesday that “the business remains materially behind plan” amid “gloom” in the fund industry and that “we remain behind where…

Martin Gilbert’s fast-growing asset manager AssetCo said it agreed to acquire Ocean Dial Asset Management Limited from Avendus Capital Asset Management (UK) Limited for £4.125 million…

AssetCo chairman Martin Gilbert said the fund manager continues to seek acquisition opportunities even as the firm reported a loss of £9.2 million for the…

Martin Gilbert’s fast-growing asset manager AssetCo announced that Gary Marshall has been appointed as its Chief Financial and Operating Officer (CFOO) and has joined its…

Martin Gilbert’s fast-growing AssetCo said on Monday it agreed to acquire Colin McLean’s Edinburgh-based fund management business SVM Asset Management for £10.7 million. AssetCo said SVM…

Shareholders of Martin Gilbert’s investment firm AssetCo have voted overwhelmingly in support of the group’s takeover of fund manager River & Mercantile. On January 25, AssetCo…

Martin Gilbert’s fast-growing investment firm AssetCo plc has reached agreement to acquire Edinburgh-based Revera Asset Management Limited for about £2.8 million in shares and cash. The…

Martin Gilbert’s investment firm AssetCo plc has announced results for the year ended September 30, 2021, during which it grew its assets under management from zero to…

Martin Gilbert’s investment firm AssetCo plc said on Tuesday it agreed an all-share deal worth £99.8 million to buy fund manager River & Mercantile Group (RMG)….

Martin Gilbert’s investment firm AssetCo plc has been given another extension to the deadline by which it must make an offer for fund manager River and…

Premier Miton Group announced it has withdrawn from acquisition discussions with the board of fund manager River and Mercantile Group (RMG). This leaves Martin Gilbert’s investment firm AssetCo…

Martin Gilbert’s investment firm AssetCo plc is one of two companies that have made preliminary bid approaches for fund manager River and Mercantile Group (RMG),…

Martin Gilbert’s investment firm AssetCo plc announced it has completed the acquisition of a 30% equity interest in Parmenion Capital Partners LLP, a discretionary investment…

Martin Gilbert’s fast-growing investment firm AssetCo plc has announced that former Standard Life Aberdeen executive Campbell Fleming will join its board of directors and take…

Martin Gilbert’s investment firm AssetCo plc has announced that Lucy Draper will join the business as Director – Distribution. Draper was previously Director, Business Development…

Shares of Martin Gilbert’s investment firm AssetCo plc fell about 15% on Thursday to around £17.50 as it announced its intention to conduct a placing of…

Martin Gilbert’s investment firm AssetCo plc said on Thursday it reached agreement with Preservation Capital Partners Limited to acquire a 30% equity interest in Parmenion Capital…

Martin Gilbert’s investment firm AssetCo plc said on Monday it expects to “announce further activity” soon as it targets asset management deals. AssetCo said it…

Martin Gilbert’s investment firm AssetCo plc announced that ex-Columbia Threadneedle executive Gary Collins will join the business as head of distribution. “Gary was previously head…

Martin Gilbert’s investment vehicle AssetCo plc announced it agreed to acquire Edinburgh-based Saracen Fund Managers Limited for £2.75 million in shares and cash. “The acquisition…

London-listed investment vehicle AssetCo plc said on Thursday more than 99% of its shareholders have approved its plans to appoint Scottish fund management veteran Martin Gilbert…

London-listed investment vehicle AssetCo plc said on Friday that Scottish fund management veteran Martin Gilbert will become its chairman as it changes its business strategy “to…

London-listed investment vehicle AssetCo plc said on Monday that a “concert party” of Martin Gilbert, Peter McKellar, various associates and funds managed by Toscafund Asset…

Asset management firm River and Mercantile — owned by Martin Gilbert’s AssetCo — announced it has changed its name to River Global. In recent years,…

Margaret Lawson, a co-founder of Edinburgh’s SVM Asset Management, is to retire. London’s mutual fund trade press reported that her husband Colin McLean, also a co-founder…

Veteran Scottish fund manager Martin Gilbert has predicted that 2023 “will prove to be the beginning of a renaissance” for active fund managers. Gilbert said…

By Mark McSherry — Martin Gilbert’s AssetCo has announced plans to bring together its four active equity asset management subsidiaries under its River and Mercantile brand….

Martin Gilbert’s fast-growing asset manager AssetCo announced completion of the acquisition of Colin McLean’s Edinburgh-based SVM Asset Management and said it plans to have a…

Dundee investment trust company Alliance Trust plc announced that its investment manager Willis Towers Watson (WTW) has terminated River and Mercantile (R&M) Asset Management LLP’s mandate…

River & Mercantile Asset Management announced on Tuesday that Dan Hanbury is to leave the firm both as a partner and a portfolio manager. Martin…

The UK’s Takeover Panel has extended the deadline to January 18 by which Martin Gilbert’s investment firm AssetCo plc and rival suitor Premier Miton Group…

River and Mercantile Group’s chief executive James Barham will move to Schroders as part of its purchase of R&M’s fiduciary arm Solutions for an enterprise value of…

Revolut, the digital banking app, has announced an $800 million series E funding round which it says values the business at $33 billion. Revolut’s chairman…

River & Mercantile Group (R&M) has announced the appointment of Alex Hoctor-Duncan, Global Head of Aberdeen Standard Investments, to the River & Mercantile board as…