Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Wanna Buy Gartmore US? Then This Sale's Not for You Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, May 25, 2006

Wanna Buy Gartmore US? Then This Sale's Not for You

by: Marie Glancy

It appears Nationwide is selling Gartmore, after several months of whispers. But if you're interested in U.S. rather than U.K. money management, you'll have a passing interest at most in related articles from Bloomberg and others.

That's because Gartmore parent Nationwide, headquartered out of Columbus, Ohio, is selling only the British arm of the firm Gartmore Investment Management Plc. The U.S. side -- based in West Conshohocken, Pennsylvania and headed by former Fidelity exec Paul Hondros -- Nationwide will "retain and grow," as Gartmore U.S. clearly confirmed in a statement to the MFWire in March.

Online coverage of sale talk has been generally confusing on this point, either failing to clarify that important distinction or mentioning it only cursorily. Readers are the more likely to be confused since Nationwide purchased the whole of Gartmore from Royal Bank of Scotland Group in 2000. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use