Assetco

Asset & wealth management firm AssetCo has appointed Lucy Draper as director of distribution. Ms Draper was previously director, business development – Middle East Africa at Standard Life Aberdeen (now abrdn) based in Abu Dhabi engaging with a mix of financial institutions in the region.

Asset & wealth management firm AssetCo has announced the completion of its acquisition of Edinburgh-based Saracen Fund Managers Limited. In May, the firm announced the conditional acquisition of the company for an effective total consideration of £2.75 million.

AssetCo, the new asset management business launched by north east entrepreneur Martin Gilbert, has announced that it has reached an agreement with Preservation Capital Partners Limited to acquire effectively a 30% equity interest in Parmenion Capital Partners LLP. The consideration will be up to &po

AssetCo, the new asset management business launched by north east entrepreneur Martin Gilbert, has posted a strong first-half performance with profit before tax reaching £22.3 million. The Income Statement for the six months ended 31 March 2021 shows revenue of nil (2020: nil), but a profit be

Accountancy firm Grant Thornton has ended a long-running legal battle over its failure to expose a fraud at a former client, AssetCo, leaving it facing a bill of £28.6 million. On Friday, the firm told fire-engine leasing service AssetCo, that it would not pursue a further appeal.