Assetco to return £7.5m to shareholders
Buyback programme will see nearly 15 million ordinary shares repurchased
Assetco
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Swirling sale rumours ratchet Parmenion’s value up fourfold
Preservation Capital Partners and Assetco acquired the business just 18 months ago for £102m
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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
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Shareholder discontent delivers blow to Assetco bonus scheme
The long-term incentive plan would have resulted in greater dilution of shares
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SVM UK equity fund retains top rating after Assetco deal
But fund belonging to subsidiary R&M run by Hugh Sergeant loses accolade
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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
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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
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River and Mercantile acquisition sails through Assetco vote
Just two ballots were cast against the deal
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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
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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’
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Assetco acquisition spree continues with Revera Asset Management
£2.8m deal is ‘the next step in our plan to establish an active equity platform’
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Assetco voices support for River and Mercantile as founding partner resigns
‘Asset management is a people business and individuals leaving and joining organisations is a regular occurrence’