Page 18 - Peter Mckellar News Today : Breaking News, Live Updates & Top Stories | Vimarsana

AssetCo may be smaller but arguably its board has a bigger reputation

Fundscape chief executive Bella Caridade-Ferreira described the deal as a “really interesting” move. She added: “I think Martin Gilbert always preferred Parmenion to Wrap and Elevate – mainly because he bought Parmenion when he was CEO of Aberdeen , before the SLA merger. I suspect he finds it more fintech, unburdened by life company legacy and more scalable than either of the other two Standard Life platforms.” Similarly, CWC Research managing director Clive Waller said the deal was not a total surprise given “Martin Gilbert was a big fan of Parmenion when he was boss of Aberdeen...

© Supplied by James Thorneley, on Martin Gilbert has "certainly not retired and is looking to build another asset and wealth management business". Sign up for our daily newsletter featuring the top stories from The Press and Journal. Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up Veteran fund manager Martin Gilbert has augmented his growing portfolio of financial services companies with a new hire from his old employers. The former chief executive of Aberdeen Asset Management has poached Alex Hoctor-Duncan to join t...

Gary Collins drafted in to develop Saracen Fund Managers' distribution strategy

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 clos...