AssetCo picks first head of distribution AssetCo picks first head of distribution Gary Collins The role is new and Mr. Collins joins in July. The firm recently announced the acquisition of Saracen Fund Managers in an almost $4 million deal. The acquisition, set to complete by the end of September, will also bring a Financial Conduct Authority license to AssetCo. London-based Mr. Collins "will play a key role in developing the overall business," Peter McKellar, deputy chairman and CEO, said in a news release. "He brings a wealth of experience and expertise, with a track record of working closely with clients and delivering results."