Gartmore Group

Gartmore Group Limited
Type Public (LSEGRT)
Industry Investment management
Founded 1969
Headquarters London, UK
Key people Andrew Skirton (Chairman)
Jeffrey Meyer (CEO)
Revenue £278.3 million (2009)[1]
Operating income £53.1 million (2009)[1]
Profit £47.6 million (2009)[1]
Website www.gartmore.com

Gartmore Group Limited (LSEGRT) is a British-based investment management business. It is listed on the London Stock Exchange.

Contents

History

The Company was founded in 1969 by British & Commonwealth and acquired by Banque Indosuez in 1989.[2] It was first listed on the London Stock Exchange in 1993.[2] It was then bought by NatWest in 1996 and by Nationwide Mutual Insurance Company in 2000 before becoming part of the investment portfolio of Hellman & Friedman, a private equity fund, in 2006.[2] It was re-listed on the London Stock Exchange in December 2009.[3] Henderson Group announced its acquisition of the company in January 2011.[4]

Operations

The Company has £22.2 billion of assets under management as at 31 December 2009.[1]

References

  1. ^ a b c d "Preliminary Results for the year ended 31st December 2009". Gartmore Group Limited. http://insurancenewsnet.com/article.aspx?id=170013&type=newswires. Retrieved 2010-03-09. 
  2. ^ a b c Gartmore: under new ownership Hedgefund Journal, June 2006
  3. ^ Gartmore IPO looks opportunistic Daily Telegraph, 23 October 2009
  4. ^ Henderson agrees to buy Gartmore for £335.3m Daily Telegraph, 12 January 2011

External links