River & Mercantile name prevails as Assetco unites its brands
Recent acquisitions will come together under the R&M banner
Assetco
-
-
Assetco to return £7.5m to shareholders
Buyback programme will see nearly 15 million ordinary shares repurchased
-
Swirling sale rumours ratchet Parmenion’s value up fourfold
Preservation Capital Partners and Assetco acquired the business just 18 months ago for £102m
-
What do interest rate rises mean for wealth manager M&A?
Borrowing and debt servicing costs are going up, which will impact how much companies are willing to pay
-
Shareholder discontent delivers blow to Assetco bonus scheme
The long-term incentive plan would have resulted in greater dilution of shares
-
SVM UK equity fund retains top rating after Assetco deal
But fund belonging to subsidiary R&M run by Hugh Sergeant loses accolade
-
Assetco swoops on SVM Asset Management in £10.7m deal
But its sixth M&A deal since January 2021 marks a big shift in how the acquisition will be funded
-
Assetco aims to get River and Mercantile profitable by early 2023
As the company plans to attract more investors by sub-dividing its ordinary shares
-
River and Mercantile acquisition sails through Assetco vote
Just two ballots were cast against the deal
-
Alex Hoctor-Duncan splashes £500k on River and Mercantile stock
Takes his stake in the business to 0.22% ahead of Assetco investors giving the acquisition their final stamp of approval
-
River and Mercantile swings to a loss as Assetco takeover looms
Fund group says outflows since announcement of Dan Hanbury’s departure have been ‘modest’
-
Assetco acquisition spree continues with Revera Asset Management
£2.8m deal is ‘the next step in our plan to establish an active equity platform’