Leonard’s legacy

Leonard’s legacy

Headline: Leonard’s legacySource: EuromoneyDate: November 2001 Nicola Horlick At the height of its powers in the 1980s and ’90s as it raced to be the UK’s number one investment house, reaching £100 billion of assets under management before it sold itself to Merrill Lynch, Mercury Asset Management retained an aura of […]

Headline: Leonard’s legacy
Source: Euromoney
Date: November 2001







Nicola Horlick

At the height of its powers in the 1980s and ’90s as it raced to be the UK’s number one investment house, reaching £100 billion of assets under management before it sold itself to Merrill Lynch, Mercury Asset Management retained an aura of invincibility.

Part of the reason that Carol Galley and her co-head, Stephen Zimmerman, sold the business in 1997 was because they had gone about as far as they could in their domestic market and wanted to explore the new frontiers in the US and Asia.

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Leonard’s legacy

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