Gartmore CEO Jeffrey Meyer says the group's downfall over the past 12 months has "exceeded all nightmares" and believes getting out of the public markets could be best for the firm.
Meyer, speaking to the press following the resignation of key manager Roger Guy and CIO Dominic Rossi, says he cannot imagine a worse situation than the one which has befallen the fund group. "It has exceeded all my nightmares," he told the Telegraph. "If there is something worse than what has happened to us - I can't think of it." Meyer says the group did everything it could to keep Guy. "This announcement is front-loaded. It is designed to get all the news out there rather than have it drip out. Roger began a dialogue with me in September and we went through various options, incl...
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