Gartmore Group
British investment management business
From Wikipedia, the free encyclopedia
Gartmore Group Limited was a British-based investment management business. It was listed on the London Stock Exchange.
| |
| Company type | Public |
|---|---|
| LSE: GRT | |
| Industry | Investment management |
| Founded | 1969 |
| Defunct | 2011 |
| Fate | Bought by Henderson Group |
| Headquarters | London , UK |
Key people | Andrew Skirton (Chairman) Jeffrey Meyer (CEO) |
| Revenue | £278.3 million (2009)[1] |
| £53.1 million (2009)[1] | |
| £47.6 million (2009)[1] | |
| Website | gartmore Archived 2 November 2008 at the Wayback Machine |
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 had £22.2 billion of assets under management as at 31 December 2009.[1]