Financial agency Penrose PR, which opened its doors officially this
week, was straight into the fray for client Aberdeen Asset
Louise Hatch, the only partner in the agency able to operate before this
week while her colleagues were all working out six month notice periods,
represents Aberdeen which she brought as a client from Ludgate.
Last week Aberdeen tabled a controversial bid for Scottish National
Trust, a pounds 600 million investment trust run by Gartmore which is
due to be wound up in September. And guess who represents Gartmore?
That’s right, Ludgate Communications.
Aberdeen’s move, which is thought to have been an attempt to pre-empt an
announcement from Scottish that it would attempt to relaunch the fund,
drew a stinging response.
While it is only coincidence that one of the first major projects
undertaken by Hatch should be a ’gloves-off’ affair against Ludgate’s
client, it only seems fitting given that she was hauled through the law
courts by her old agency just a few weeks ago. Ludgate had tried to stop
Hatch working outside the agency for six months.
Meanwhile, the six staff of Penrose are about to change offices
The firm moved into smart temporary offices on London Wall but just days
into the move the letting agents found a permanent tenant. This has left
Penrose with a last minute task of renovating new offices in Gresham