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Stonehage Fleming history
Stonehage Fleming company history timeline
Fleming traces its origins back to 1873 when Dundee-born financier Robert Fleming founded merchant bank Robert Fleming & Co.
Stonehage was set up in 1976 as a “diaspora vehicle” by a group of South African families who were fleeing the country's apartheid regime.
Originally owned by the Fleming banking dynasty, the collection became a charitable art foundation in 2000, endowed by members of the family to enhance the collection and promote Scottish art and creativity.
Fleming Family & Partners (FF&P) was established in 2000 by the Fleming family after the sale of Robert Fleming & Co to Chase Manhattan, which merged with JPMorgan.
Stonehage and FF&P merged to create a global multi-family office in 2014.
On 21 December 2018, Caledonia Investments plc announced that it had agreed to acquire a minority stake in Stonehage Fleming & Family partners Limited.
In 2018 Stonehage Fleming signed an agreement with US family office Glenmede Trust Company.
Stonehage Fleming acquired the investment activities of Cavendish Asset Management and took over the running of its range of four OEIC funds in April 2020.
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