The River and Mercantile World Recovery Fund has been made available to the retail market, following its soft-launch in March this year.
Former Neptune manager Nicola Muirhead has joined River & Mercantile Asset Management to work on its global equity team.
The IMA is to begin charging non-members to list funds in its sectors in a move that could see some groups removing vehicles from the listings altogether.
Natalie Kenway asks River and Mercantile how it has endured one of the worst recessions of our times, emerging with rising revenues and record AUM.
River and Mercantile, the long-only specialist boutique, has joined a host of larger fund groups launching low-cost share classes ahead of RDR after unveiling shares with commission stripped out.
River & Mercantile's Hugh Sergeant said negative investor sentiment is pushing up equity risk premiums to credit crunch levels despite strong balance sheets among UK companies.
River & Mercantile has decided to close its £3m UK Equity vehicle to retail investors due to a lack of demand.