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.
History
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. In 1987 25% of the business was floated on the London Stock Exchange as Mercury Asset Management. Carol Galley, one of its leading managers, was credited with facilitating the takeovers by Granada of both London Weekend Television in 1994 and Forte Group in 1996.[1] At its peak more than half the companies on the FTSE 100 used Mercury Asset Management for investment management purposes.[2]