Peter Stormonth Darling
Peter Stormonth Darling (29 September 1932 - 16 September 2019)[1] was a British investment banker who was the chairman of Mercury Asset Management.[2]
He was raised on his family estate, Balvarran, in Strathardle, near Blairgowrie, Scotland.[3] His father, Patrick, was a Scottish barrister, and his mother, Edith, was Irish. Educated at Winchester College, he was a strong cricketer, playing in the First XI in 1948 and 1949.[4] His National service was in the Black Watch, extended to include service in Korea and the Second Battle of the Hook.[1]
He studied law at New College, Oxford, then moved to Canada where he worked for Siegmund George Warburg from 1957 to 1963.[1] He later went on to chair Mercury Asset Management (from 1987), at the time the largest and most influential fund-management firm in the UK with £100 billion under management.[5]
In retirement, he was actively engaged in historic preservation; for example, chairing the World Monuments Fund from 2007–9, having joined the board in 1998.[6] His charitable work in Scotland focussed on social welfare, health and sport.[3]
Works
- Stormonth Darling, Peter (7 October 1999). City Cinderella : the life and times of Mercury Asset Management. Weidenfeld & Nicolson. p. 320. ISBN 9780297643906.
References
- "Peter Stormonth Darling". A. G. Becker & Co. Retrieved 16 November 2019.
- "Peter Stormonth Darling" (PDF). The Trusty Servant. 128: 8. Retrieved 16 November 2019.
- Steven, Alasdair (23 November 2019). "Obituary: Peter Stormonth Darling, investment manager of the largest fund in the City". The Herald (Scotland). Retrieved 1 December 2019.
- Wisden 1951, p. 755.
- Plender, John (3 October 2019). "Peter Stormonth Darling, banker, 1932-2019". Financial Times. Retrieved 16 November 2019.
- "Peter Stormonth Darling 1932 – 2019 – World Monuments Fund". wmf.org.uk. Retrieved 1 December 2019.
Further reading
- Telegraph Obituaries (27 September 2019). "Peter Stormonth Darling, financier who led Mercury Asset Management as it grew to be the City's largest fund manager – obituary". The Telegraph. Retrieved 16 November 2019.