City veteran's latest venture is trying to keep a lid on costs
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Veteran dealmaker could acquire parts of the funds business set up by Tory MP Jacob Rees-Mogg
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Gilbert, who has struck dozens of deals during his career, says the current market brings opportunities for acquisitive asset managers
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Experience is still valuable for businesses everywhere
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SVM Asset Management is the sixth deal AssetCo has announced since July 2021
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The external challenges facing businesses today are viewed as the greatest of any in the past eight years, according to Deloitte
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AssetCo and River and Mercantile Group agree tie-up
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The move means Martin Gilbert's AssetCo is the only firm left in talks to acquire the £47.6bn fund house
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River & Mercantile said any deal was conditional on the completion of the sale of its solutions business to Schroders
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Like it or not, change is coming to the financial system
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The fund management veteran wants to use his experience at Aberdeen Asset Management to hunt for deals in Asia
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AssetCo will pay £16.5m in cash for a 63% stake in the business, and will commit a further £5.25m to fund growth
The purchase comes after AssetCo earlier this year doubled its holding in River & Mercantile
The veteran fund management deal maker has thrown his support behind proposals designed to fuel the listing of so-called blank-cheque companies in the UK
The move extends an existing partnership between the two groups
Gilbert earned a reputation as a prolific dealmaker at Standard Life Aberdeen, having completed more than 40 deals during his career
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‘To have come from no military, no political background, and to be president... is beyond comprehension’
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