Gartmore IPO share price lower than expected

clock

Gartmore Group today announced an offer price of 220p per ordinary share for its initial public offering on the London Stock Exchange, valuing the company at around £676m.

The company cut its initial price range to 220-250p per share from 250-330p per share, with reports saying it is expecting to raise around £340m rather than the original £400m it hoped to raise in ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

ABI publishes industry progress on £100bn productive asset investment pledge

ABI publishes industry progress on £100bn productive asset investment pledge

Pledge was made during discussions on reform to the Solvency II framework

Holly Roach
clock 16 July 2025 • 2 min read
Partner Insight: Managing investment risks in retirement

Partner Insight: Managing investment risks in retirement

The need to manage investment risks in retirement is more acute now than ever before. Recent stock market volatility and upside inflation risks from tariffs are once again focusing minds on the phenomenon known as sequencing risk.

Trevor Greetham, Head of Multi Asset at Royal London Asset Management
clock 16 July 2025 • 2 min read
Partner Insight: PIMCO Outlook - The fragmentation era

Partner Insight: PIMCO Outlook - The fragmentation era

With the world order in flux, investors can look to fortify portfolios by diversifying across global markets and capitalising on attractive, high-quality yields.

Richard Clarida, Andrew Balls and Daniel Ivascyn at PIMCO
clock 11 July 2025 • 10 min read
Trustpilot