Cheviot Asset Management breaks £100m milestone in Liverpool
Source: Liverpool Daily Post
A Liverpool asset management office which only opened this May has broken the £100m milestone for funds under management.
Cheviot Asset Management’s St Paul’s Square office is the first to open outside London, and more than 150 Liverpool business leaders celebrated its official launch at Liverpool Town Hall last night, including Cheviot chief executive Michael Kerr-Dineen and senior partner Simon Walker.
Cheviot’s chairman, Sir George Mathewson, the former Royal Bank of Scotland chief executive who orchestrated the successful takeover of NatWest in 2000, flew into the UK from America to attend yesterday’s event and an earlier private lunch where he told guests: “Cheviot’s expansion into Liverpool has been an unqualified success and the growth of client funds under management has surpassed all our expectations.
“Liverpool is undoubtedly going to play a major part in our business’s future.
“I see Liverpool as a city which has taken a quantum leap forward in recent years.”
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