Artemis (fund managers)

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Artemis Investment Management LLP
Type Limited Liability Partnership
Industry Investment management
Founded 1997
Headquarters Edinburgh
Key people Mark Tyndall
(Senior Partner)
Adrian Frost
(Partner)
Derek Stuart
(Partner)
Richard Turpin
(Partner)
Website www.artemis.co.uk

Artemis Investment Management LLP is independent and owner-managed. Artemis opened for business in 1997. Artemis employs around 140 people and has offices in London and Edinburgh.

Clients' investments are spread across a range of unit trusts,[1] an investment trust, a venture capital trust and a hedge fund, as well as segregated and pooled institutional portfolios.

History[edit]

Artemis was founded in 1997. In 2002 a majority stake was acquired by ABN AMRO;[2] that stake subsequently passed to Fortis.[3] Following a management buyout in 2010, Artemis is owned by Affiliated Managers Group (AMG) and the Artemis partners.[4] This is a financial partnership: AMG does not get involved in the day-to-day running of the business.

Artemis is a Limited Liability Partnership (LLP) [5] and currently has 28 partners, comprising fund managers and other key individuals at the firm. The four founders, Mark Tyndall, John Dodd, Derek Stuart and Lindsay Whitelaw, have always recognised that one of the key determinants in long-term success is the stability of the investment team. Artemis has an extremely low level of turnover among the fund managers and the partnership structure will ensure that this remains the case.[citation needed]

Operations[edit]

Although many financial services companies sell insurance or banking products,[6] Artemis is dedicated to asset management. The firm’s clients include retail investors, financial advisers, and large institutional investors such as pension funds and financial institutions.[7] The firm has offices in Edinburgh and London and, as at 31 March 2014, it managed £17.7 billion of assets.[8]

Headquarters[edit]

The firm’s head office is 42 Melville Street, Edinburgh, EH3 7HA. There are also offices at Cassini House, 57 St James's Street, London SW1A 1LD.

References[edit]

  1. ^ "Artemis to launch new European Fund". Moneyobserver.com. 2011-09-28. Retrieved 2013-04-13. 
  2. ^ West, Karl (12 June 2002). "Dutch take control of Artemis fund management boutique; ABN Amro deal creates merged business with (pounds) 2.3bn of assets". Glasgow Herald  – via HighBeam Research (subscription required). Retrieved 11 September 2012. 
  3. ^ http://uk.reuters.com/article/2008/09/30/fortis-artemis-idUKLU52429520080930.  Missing or empty |title= (help)
  4. ^ "GROUPS: Artemis greets management buyout.". Fund Strategy  – via HighBeam Research (subscription required). 8 February 2010. Retrieved 11 September 2012. 
  5. ^ Salih, Chris (2010-02-01). "Artemis becomes a partnership". Moneymarketing.co.uk. Retrieved 2013-04-13. 
  6. ^ "Artemis deal underlines the upside of owning fund managers". Blogs.ft.com. 2010-02-01. Retrieved 2013-04-13. 
  7. ^ "Charity to help cyclone victims". BBC News. 2008-05-07. Retrieved 2013-04-13. 
  8. ^ "Everything you need to know about Artemis". Artemisonline.co.uk. Retrieved 2013-04-13. 

External links[edit]