river and mercantile

Fund managers have been clamouring to add banks, including RBS and Lloyds, to their portfolios ahead of a rate rise from the Bank of England.

River & Mercantile Asset Management is soft closing Philip Rodrigs' UK Equity Smaller Companies fund following strong inflows during the past year.

Are fund rationalisations set to continue?

River & Mercantile's Philip Rodrigs has said there is "genuine strength" in the UK economy, which is reflected in small-cap companies extending their reach throughout the UK.

How big is too big?

Fund managers have been taking profits on Chinese A-shares after a strong run, focusing instead on H-shares to power the next leg of growth.

The launches of three small-cap investment trusts in close succession will give liquidity in the lower end of the market a much-needed boost, according to L&G's Richard Penny.

River & Mercantile saw inflows return in the first quarter of 2015, and expects a further uptick once Hugh Sergeant's latest portfolio is launched.

Top five recovery plays

River and Mercantile is to close three of its global equity funds as head of team Alex Stanic departs the group, Investment Week can reveal.