The fund offers investors the opportunity to invest primarily in the smallest 10% of the UK stock market, which has historically proved to be an attractive section of the market

Why UK Smaller Companies?

Investors can get exposure to vast potential of opportunity in this under-researched sector, which our specialist team have the ability to extract through their proven process. The fund is well-diversified across investment factors and at present, we believe the UK market offers investors an attractive opportunity to buy into one of the best value stock markets in the developed world. 

The fund offers access to a well-known, high-performing manager working within the proven Potential, Valuation and Timing (PVT) framework 

Investment philosophy and process

The portfolio manager invests according to River and Mercantile's long established PVT philosophy, where stocks are evaluated by a combination of their potential to create value, their valuation and the timing of buying into a position.

Sophisticated quantitative analysis and intelligent screening finds only the best opportunities for the manager and investment team to debate and validate by applying rigorous fundamental research.

Investment facts

AUM

£404.7m at 31 Jan 2023

Fund manager

George Ensor

Latest updates

Investment facts

AUM

£404.7m at 31 Jan 2023

Fund manager

George Ensor

Investment literature

About the fund manager

photo of George Ensor

George Ensor
Portfolio Manager

George graduated from Bristol University with an Upper Second Class degree in Chemistry in 2008 before joining Smith & Williamson Investment Management as a graduate trainee where he worked for five years as an analyst and Private Client Investment Manager.

George joined R&M in March 2014 and is currently Lead Manager of the R&M UK Micro Cap Investment Company and the ES R&M UK Listed Smaller Companies Fund. George is a CFA charter holder.

photo of George Ensor

Speak to us

Simon Smith

Head of Wholesale Distribution

Simon Smith

Head of Wholesale Distribution

Simon Smith is Managing Director, and Head of UK Wholesale Distribution, responsible for creating a market leading customer centric distribution business working with wealth managers across the UK for the benefit of investors. Simon has spent a 25 year career working for some of the industry's leading asset managers including M&G, Standard Life Investments and most recently nine years overseeing the growth of Merian UK Wholesale (Old Mutual Global Investors).

Marcus Honig

Sales Director, London

photo of Marcus Honig

Marcus Honig

Sales Director, London

Marcus graduated from Glasgow University with an MA (Hons) degree in 2001. Throughout his career in financial services Marcus has worked for companies including Chase de Vere, Scottish Widows and Neptune Investment Management, before joining R&M in June 2017. Marcus holds the CII Level 4 Diploma in Regulated Financial Planning as well as the Certificate in Discretionary Investment Management. He is an experienced Sales and Distribution professional with strong client relationships across the UK.

Martin Canavan

Sales Director, North England, Scotland, Ireland & Isle of Man

Martin Canavan

Sales Director, North England, Scotland, Ireland & Isle of Man

Martin began his career in asset management sales in 1996 with Deutsche Bank. He has since held roles with AEGON Asset Management and Merian Global Investors (formerly Old Mutual), before joining R&M in August 2020. He is a highly experienced Sales professional with strong relationships across a range of client segments, covering the UK, Isle of Man and Ireland. Martin holds the Investment Management Certificate.

Nick Pearse

Sales Director, Midlands, South East, South West & Channel Islands

Nick Pearse

Sales Director, Midlands, South East, South West & Channel Islands

Nick joined R&M in January 2021 from Jupiter, which acquired Merian Global Investors in 2020, where Nick worked for the past decade.

Latest perspectives

How are you growing your client’s wealth in 2023?

How are you growing your ...

Article 23 March, 2023

With an improving UK economic picture, many investors risk not taking full advantage of the…

3 min read

Credit Suisse crisis: James Sym on CNBC

Credit Suisse crisis: James Sym ...

Video 20 March, 2023

Video 20 March, 2023 Credit Suisse crisis: James Sym on CNBC James Sym, head of…

Learn more

Will UK smaller companies bounce back in 2023?

Will UK smaller companies bounce ...

Article 13 March, 2023

Although the UK continues to face economic headwinds, we believe that UK smaller companies should…

4 min read

Why UK Smaller Companies in 3 charts

Why UK Smaller Companies in ...

Article 1 February, 2023

Whilst you need to go back to 1989 for a worse period of small cap…

3 min read

Stay up to date with the latest news, views, reports and updates on the topics of your choice, delivered straight to your inbox.