Fund house River and Mercantile (R&M) saw net flows of £1bn for the three months to 30 September 2019 thanks to strong investment performance across all divisions.
Shares have been trading at £2.55 since the release of the trading update today (4 November) - 2% higher than previously. The fund house said the inflows of £1bn were primarily driven by its der...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders