R&M funds retain ratings
To lead 'refocused group'
Searches for Schroders declined in Q4
"Insufficient commercial merits"
Full sale announced last month for £228m
R&M already selling one division to shareholders
Investment group River & Mercantile is planning on selling its fiduciary division in a move that will offload £43bn assets under management from the company.
Reports strong wholesale inflows
Third deal since Gilbert took charge