FundCalibre names River & Mercantile best equity fund provider

Unicorn drops from first to third spot

River & Mercantile has been named the most consistently outperforming equity fund management firm in FundCalibre's annual Fund Management Equity Index, as Unicorn drops from first into third place.

Launched in 2015, the index identifies firms which have the most consistent record of outperformance over the past five years. Over this period, River & Mercantile's average active equity fund has outperformed the sector average by 51.33% across its five offerings. The boutique entered the first index in 2015 in 16th place, rising to fifth place last year.  This year saw the firm overtake Unicorn, which was previously in first position and has fallen into third place in this year's review, while Stewart Investors remains in second place.  FundCalibre reveals top equity fund group o...