AssetCo agrees to transfer interest in RMI to its managing partner
6th Oct 2023 15:16
(Sharecast News) - AssetCo and its fully-owned subsidiary River & Mercantile Holdings announced an agreement on Friday to transfer its corporate partnership interest in River and Mercantile Infrastructure Income Fund's investment adviser, RMI, to a partnership within RMI helmed by managing partner Ian Berry.
Read moreAssetCo acquires Ocean Dial Asset Management
2nd Oct 2023 10:26
(Sharecast News) - Wealth management firm AssetCo has now acquired Ocean Dial Asset Management from Avendus Capital following confirmation of relevant clearances from the FCA and Indian regulators.
Read moreAssetCo gets FCA go-ahead for Ocean Dial acquisition
15th Aug 2023 12:46
(Sharecast News) - Asset and wealth manager AssetCo has received approval from the Financial Conduct Authority (FCA) for its change in control application, it announced on Tuesday, paving the way for its planned acquisition of Ocean Dial Asset Management from Avendus Capital Asset Management UK.
Read moreAssetCo to acquire Ocean Dial Asset Management
6th Mar 2023 09:30
(Sharecast News) - Asset and wealth management company AssetCo revealed on Monday that it will acquire India-based firm Ocean Dial Asset Management for a total of £4.12m.
Read moreAssetCo to buy asset manager SVM for £10.7m
21st Jun 2022 15:40
(Sharecast News) - AIM-listed asset and wealth management company AssetCo said on Tuesday that it had agreed to buy Edinburgh-based asset manager SVM for around £10.7m.
Read moreAssetCo performa well as it plans River and Mercantile takeover
18th Feb 2022 14:44
(Sharecast News) - Asset and wealth management company AssetCo reported £9.6bn in assets under management in its preliminary results on Friday, up from nil year-on-year.
Read moreAssetCo to buy River and Mercantile in £98.8m deal
25th Jan 2022 12:45
(Sharecast News) - Acquisitions vehicle AssetCo has agreed to buy asset management firm River and Mercantile in an all-share £98.8m deal.
Read morePremier Miton pulls out of talks with River and Mercantile
13th Jan 2022 11:15
(Sharecast News) - Premier Miton Group has pulled out of talks to acquire River and Mercantile Group, the AIM-listed asset manager confirmed on Thursday.
Read moreSchroders buys River & Mercantile solutions arm for £230m
26th Oct 2021 08:31
(Sharecast News) - Schroders has agreed to buy the solutions division of River & Mercantile for £230m to expand its services for pension fund clients.
Read moreAssetCo acquires Saracen Fund Managers in £2.75m deal
14th May 2021 08:40
(Sharecast News) - Investment firm AssetCo has reached an agreement to acquire Saracen Fund Managers for £2.75m, the firm's first 100% acquisition.
Read moreAssetCo served notice by 'major' Abu Dhabi client
16th Oct 2018 11:31
(Sharecast News) - AssetCo told investors on Tuesday that a major client in the United Arab Emirates had informed it of its decision to sever ties with the firm.
Read moreAssetCo reports solid growth in 2015
24th Mar 2016 11:53
(ShareCast News) - AssetCo was looking up in 2015, reporting sizeable growth in revenue and profits in the 12 months to 30 September 2015. The AIM-traded company reported an operating profit of £4.4m during the year, up from £2.6m in 2014, on revenue of £21.7m, from £14.6m. AssetCo's profit before t
Read moreAssetCo extends contract with Abu Dhabi government
22nd Jul 2014 11:59
AssetCo has signed an ongoing contract with the Abu Dhabi government to extend its fire services supply agreement. The AIM-listed emergency services group, which signed the original contract in March 2011, is expected to generate revenues of around £18m a year from the new agreement. The partnershi
Read moreSector movers: Industrials lifted by Cookson
17th May 2012 15:50
Materials science company Cookson was making gains on Thursday afternoon despite some controversy at its annual general meeting (AGM) today, lifting the general industrials sector to the top of the pile. Almost 32%, or 70.5m, of the 220.8m votes cast at the AGM were against the motion to approve th
Read moreLondon close: Flat finish as Carnival and Imperial warn on profits
13th Jun 2011 17:07
Shares finished slightly higher on another choppy day for the FTSE 100, with bid-talk surrounding ENRC helping offset profit warnings from Imperial Tobacco and Carnival. Imperial Tobacco fell back after it slashed profit expectations for its Spanish business as competition in the country forced it
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