River & Mercantile launches first fund for newly-hired James Sym

Unconstrained European ex-UK equity

River & Mercantile is set to launch the first fund for James Sym, who joined the firm in June from Schroders, on 30 September.

The ES R&M European fund will hold between 30 and 50 stocks and provide access to European ex-UK equities in an unconstrained fashion. The first in a suite of European equity funds being developed, the fund will be driven primarily by a bottom-up process, although the flexibility of the unconstrained strategy will allow Sym to make top-down calls, "particularly during turns in the business cycle when he identifies opportunities to make an outsized return". River & Mercantile to launch European equity funds for Schroders' Sym Only companies that contribute "in a positive way to thei...