Martin Gilbert, the fund management veteran who has struck more than 40 deals during his City career, says the current market environment is “as good a time as any” for investment firms to make acquisitions, as M&A continues to ramp up across the sector.

The former chief executive of Standard Life Aberdeen, now chair of AssetCo and Revolut, recently helped orchestrate the sale of Rize ETF to Cathie Wood’s ARK Invest — a move that allowed the US-based firm to break into the European market.