Employee-owned Gartmore sees future with IFAs

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 agend...