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Wealth and asset vehicle to build 'broad church of capabilities', says CEO

David Stevenson, 23/08/2021

AIM-listed wealth and asset management acquisition vehicle AssetCo has not exactly been dawdling when it comes to getting things done.

In a short space of time, they’ve taken a position in listed asset manager River and Mercantile, acquired a majority stake in Rize ETF, bought Scottish firm Saracen Fund Managers outright and also taken a 30 percent stake in wealth management platform Parmenion.

What’s the plan for this ambitious vehicle now run by City legend Martin Gilbert and his close compatriot Peter McKellar, the chief executive of the firm?

Mr Gilbert and Mr McKellar, the former global head of privat...


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