The Full Wiki

More info on Mercury Asset Management

Mercury Asset Management: Wikis


Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.


From Wikipedia, the free encyclopedia

Mercury Asset Management plc
Fate Acquired
Successor Merrill Lynch
Founded 1969
Defunct 1997
Headquarters London, UK
Key people Hugh Stevenson (Chairman), Carol Galley (Vice-Chairman), Stephen Zimmerman (Deputy Chairman)
Industry Investment management
Employees 1,300

Mercury Asset Management plc was a leading British investment management business. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.


The Company was established in 1969 when S. G. Warburg & Co., the investment bank, won an investment management contract and set up Warburg Investment Management to execute it.[1] In 1987 25% of the business was floated on the London Stock Exchange as Mercury Asset Management.[1]

Carol Galley, one its leading managers, was credited with facilitating the takeovers by Granada of both London Weekend Television in 1994 and Forte Group in 1996.[2] At its peak more than half the companies on the FTSE 100 used Mercury Asset Management for investment management purposes.[3]

In 1995 the Company achieved full independence when S. G. Warburg & Co. sold its investment banking business to Swiss Bank Corporation and the residue of S. G. Warburg & Co. became a subsidiary of Mercury Asset Management.[4] The Company was acquired by Merrill Lynch for £3.1bn in 1997.[5]


Further reading

  • Peter Stormonth Darling, The Life & Times of Mercury Asset Management, Texere, 2000 ISBN 978-1587990359


Got something to say? Make a comment.
Your name
Your email address