Martin Gilbert-backed Assetco eyes Rize ETF
It will reportedly raise £25m from investors to fund the acquisition
Assetco
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Assetco splashes £28m on 30% stake in Parmenion
Comes hours after Standard Life Aberdeen offloads adviser platform to private equity firm Preservation Capital
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Martin Gilbert eyes acquisitions after £31m windfall from Grant Thornton litigation
‘The board is hopeful of being able to announce further activity in the short term’
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Global head of ASI to join Martin Gilbert on River and Mercantile board
Alex Hoctor-Duncan joins as an executive director responsible for strategic development
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Martin Gilbert’s Assetco recruits Columbia Threadneedle head of distribution
Gary Collins drafted in to develop Saracen Fund Managers’ distribution strategy
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Fund buyers expect Saracen Fund Managers revival after Assetco purchase
Martin Gilbert-backed business will buy the Edinburgh-based asset manager in £2.75m deal
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ASI remains tight-lipped on spat with Martin Gilbert over Assetco stake
The Aberdeen Asset Management founder passively voted against his own appointment as chairman of Assetco
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Martin Gilbert-backed business preps for M&A deals
Assetco has promoted former Aberdeen Asset Management boss to chairman
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Martin Gilbert-backed Assetco doubles stake in River and Mercantile
Comes as company announces plans to reinvent itself as an asset manager
