Carol Galley, one of its leading managers, was credited with facilitating the takeovers by Granada of both London Weekend Television in 1994 and Forte Group in 1996.

[4][5] Mercury was rebranded Merrill Lynch Investment Managers (MLIM), which in turn was acquired by BlackRock in 2006.

[8] A number of investors who worked at Mercury Asset Management during the late 1980s and 1990s went on to occupy senior positions within the industry in the generation that followed.

In 2001, Peter Davies and Stuart Roden went on to establish a successful UK equity fund for Lansdowne Partners.

[15] While Carol Galley did not return to fund management following her departure from Mercury in 2001,[16] Stephen Zimmerman her co-head did set up a boutique investment firm, NewSmith Capital Partners, in 2004 along with other former senior managers from Merrill Lynch (Michael Marks, Paul Roy and Check Low, who had joined Merrill via the acquisition of Smith New Court).