AssetCo to acquire Saracen Fund Managers in £2.8m deal

Subject to regulator approval

Lauren Mason
clock • 4 min read
AssetCo chair Martin Gilbert

AssetCo chair Martin Gilbert

AssetCo has proposed an acquisition of Edinburgh-based firm Saracen Fund Managers for £2.8m.

The purchase of the firm, which would mark AssetCo's first 100% acquisition, comes three months after it took a 5.9% strategic stake in River & Mercantile. It has been targeted by the firm because it...

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