Misplaced Pages

Gartmore Group

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
British investment management business

Gartmore Group Limited
Company typePublic
Traded asLSE: GRT
IndustryInvestment management
Founded1969; 56 years ago (1969)
Defunct2011; 14 years ago (2011)
FateBought by Henderson Group
HeadquartersLondon, UK
Key peopleAndrew Skirton (Chairman)
Jeffrey Meyer (CEO)
Revenue£278.3 million (2009)
Operating income£53.1 million (2009)
Net income£47.6 million (2009)
Websitegartmore.com
Archived November 2, 2008, at the Wayback Machine

Gartmore Group Limited was a British-based investment management business. It was listed on the London Stock Exchange.

History

The Company was founded in 1969 by British & Commonwealth and acquired by Banque Indosuez in 1989. It was first listed on the London Stock Exchange in 1996. 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. It was re-listed on the London Stock Exchange in December 2009.

Henderson Group announced its acquisition of the company in January 2011.

Operations

The Company had £22.2 billion of assets under management as at 31 December 2009.

References

  1. ^ "Preliminary Results for the year ended 31st December 2009". Gartmore Group Limited. Retrieved 9 March 2010.
  2. ^ 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

Categories:
Gartmore Group Add topic