River and Mercantile becomes River Global in rebrand
Says the name reflects ‘unifying strength and alignment’
Says the name reflects ‘unifying strength and alignment’
Neil Veitch has assumed the role of lead fund manager on the SVM UK Growth Fund
Orbis Global Balanced also among the seven new ratings
He will depart on 30 June
Chair Martin Gilbert said the firm was ‘behind’ in terms of asset growth
He co-manages the Global Strategic Equity fund
Asset manager has partnered with Investcloud to take it products and strategies global
The firm made a £9.2m loss across the 12 months as administrative expenses from acquisitions weighed heavily
He will take up a sales director role
Net assets drop nearly 50% as chairman emphasises need for patience when investing in smaller companies
Recent acquisitions will come together under the R&M banner
While River & Mercantile’s European strategy gets an upgrade