Martyn Arbib

Sir Martyn Arbib (born 27 June 1939) is a British businessman who founded and led the Perpetual fund management company during the late 20th century.

Sir Martyn Arbib
Born
Martyn Arbib

(1939-06-29) 29 June 1939
Hendon, London, England
EducationFelsted School
OccupationBusinessman
Children1

Early life

Arbib was born in Hendon on 29 June 1939,[1][2] and attended Felsted School, Essex. His family is Jewish.[3]

Career

Arbib founded Perpetual Limited in 1973[4] in a small office at Hart Street, Henley-on-Thames, Oxfordshire.[5] The company remained in the town as it expanded into newly built headquarters in 1994.[6]

He sold Perpetual to the fund manager AMVESCAP in 2001 for more than £1 billion, receiving £113m together with AMVESCAP shares worth £300m, and the company became known as Invesco Perpetual. He is a director of the Perpetual Japanese Investment Trust plc. He stepped down from Perpetual's board in 2015.[7]

In January 2008, Swindon Town Holdings Limited, where Arbib is an investor but not a director, took control of Swindon Town FC.

The Arbib Foundation, established in 1987, sponsors schools in Slough, Berkshire which include the Langley Academy.[8] Arbib was a major benefactor in the establishment of the River and Rowing Museum at Henley, which opened in 1998.[9] He was knighted in 2003 for services to charities, especially in education.[10][5]

Political activity

Arbib is a Conservative Party donor. During the 2019 United Kingdom general election, he donated £10,000 to the central party and £5,000 each to Conservative candidates Danny Kruger and Dominic Raab.[11][12][13]

Personal life

In his spare time, Arbib is interested in horse racing. His horse Snurge won the St. Leger Stakes in 1990. As well as Henley, he also has a home in Barbados.

His daughter Annabel is married to businessman Paddy Nicoll.[14] Her father bought Culham Court for her in 1997 for £12 million, and in 2006, the Swiss-born British financier Urs Schwarzenbach bought it for £35 million, £10 million above the asking price.[14]

References
  1. England & Wales, Civil Registration Birth Index, 1916-2007
  2. "Accountancy Rich List 2015: 24-11". Economia. 27 August 2015. Retrieved 4 December 2018.
  3. William D. Rubinstein, Michael Jolles, Hilary L. Rubinstein, The Palgrave Dictionary of Anglo-Jewish History, Palgrave Macmillan (2011), p. 34
  4. "Perpetual Limited". Companies House. Retrieved 21 February 2021.
  5. "Ten Years Ago". www.henleystandard.co.uk. 24 June 2013. Retrieved 21 February 2021.
  6. Townley, Simon, ed. (2011). "A History of the County of Oxford: Volume 16 pp49-72 - Henley: Town Buildings". British History Online. University of London. Retrieved 21 February 2021.
  7. Times, The Sunday. "Rich List 2020: profiles 304-399=, featuring Simon Cowell and Sir Elton John". The Times. ISSN 0140-0460. Retrieved 7 August 2020.
  8. "The Arbib Foundation". The Langley Academy. Retrieved 10 July 2017.
  9. "History". River and Rowing Museum. Internet. 2001. Archived from the original on 23 May 2001. Retrieved 19 July 2011.
  10. "No. 56963". The London Gazette (Supplement). 14 June 2003.
  11. "View donation". The Electoral Commission. Retrieved 29 May 2020.
  12. "Danny Kruger MP, Devizes". TheyWorkForYou. Retrieved 29 May 2020.
  13. "Dominic Raab MP, Esher & Walton". TheyWorkForYou. Retrieved 29 May 2020.
  14. "Financier offers £10m over the asking price for record country house sale | London Evening Standard". Standard.co.uk. 27 August 2006. Retrieved 10 July 2017.


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