Employee-owned Gartmore sees future with IFAs

clock

Gartmore is placing its future firmly on the retail investment market and take to the road very soon to tell IFAs about its fresh focus, says one of its new owner executives.

Following its acquisition yesterday by senior employees and venture capital company Hellman Friedman, Paul Feeney, head of European retail at Gartmore and now an owner of the company, says “all of the key fund managers” are staying with the firm and have invested “substantial amounts” and will begin revealing to IFAs in a few weeks time its plans for the future. He says the company is now keen to highlight stability and renewed focus following 12 months of uncertainty about its future so a major marketing campaign will begin in a few weeks to give IFAs an indication of what is on the agen...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Rathbones brings together responsible investment in Centre of Excellence

Rathbones brings together responsible investment in Centre of Excellence

Combines ethical and sustainable research capabilities

Patrick Brusnahan
clock 29 May 2026 • 1 min read
Why active management matters more for income investors

Why active management matters more for income investors

Significant implications for advisers and investors relying on passive income strategies

Rory Sandilands
clock 29 May 2026 • 4 min read
Can the energy crisis power renewables past their headwinds?

Can the energy crisis power renewables past their headwinds?

Renewables continue to see headwinds

Ian Aylward
clock 28 May 2026 • 3 min read