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Gilbert's AssetCo bids for boutique Edinburgh fund manager


Gilbert’s AssetCo bids for boutique Edinburgh fund manager
By
Michael Klimes
14
th May 2021
8:33 am
Martin Gilbert’s new investment vehicle AssetCo plc wants to acquire Saracen Fund Managers Limited (Saracen).
The deal for £2.75m is subject to regulatory approval and gives some indication of AssetCo’s intentions.
The former fire emergency rescue company is now an investment vehicle focused on acquisitions with arch-dealmaker Gilbert at the helm.
In January the former Standard Life Aberdeen (SLA) chief executive bought a 9.9% stake in AssetCo.
But it has been reported Gilbert has been in a tussle with SLA’s fund arm over his involvement in the new company. ....

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Scottish Sikhs plan demo to support Indian farmers


Scottish Sikhs plan demo to support Indian farmers
Scotland’s Sikh community is joining other protests around the world tomorrow morning (Sunday) to highlight the plight of India’s farmers.
The farmers say new laws removing Government subsidies will destroy their livelihood and allow large, private companies to enter and exploit the entire agriculture sector.
India is the world s largest exporter of spices, providing about 68% of global consumption. It is also the leading exporter of Basmati rice and producer of cotton.
The UK is among the top 10 importers of Indian spices.
A convoy of cars will leave Glasgow at 10.30am and drive to Edinburgh where they will mass outside the Indian Consulate in Rutland Square between 12-2pm. ....

Glasgow City , United Kingdom , City Of , Rutland Square , Indian Consulate , கிளாஸ்கோ நகரம் , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , ரட்லேண்ட் சதுரம் , இந்தியன் துாதரகம் ,