The fund offers investors access to an unconstrained, concentrated portfolio of some of the most attractive stocks in the UK market

Why UK Dynamic Equity?

This fund’s unconstrained approach enables investors to have targeted exposure to what we believe to be the strongest opportunities in the UK market.

At present, it represents an opportunity to buy into one of the best value stock markets in the developed world. The fund benefits from a manager who has an excellent performance history and works within the proven framework of the Potential, Valuation and Timing (PVT).

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

£42.4m at 31 December 2022

Manager

William Lough

Mayan Uthayakumar

Latest updates

Investment facts

AUM

£42.4m at 31 December 2022

Manager

William Lough

Mayan Uthayakumar

Investment literature

Views from the manager

Watch the latest webinar with William Lough in which he discusses the fund, the market and his current thinking re positioning and outlook.

Please note that this webinar is hosted by BrightTALK, a free service which does require users to register with their name and a valid email address. 

About the fund managers

photo of R&M's William Lough

William Lough
Portfolio Manager, PVT Equities

William graduated from the University of Oxford with a First-Class Honours Degree in Modern History, before joining R&M Asset Management an equity analyst in 2009. In 2013 he was promoted to Director of Research and in 2014 became alternate Portfolio Manager on Hugh Sergeant’s Recovery and High Alpha strategies.

In addition to co-managing the UK Dynamic Equity strategy, William is the lead Portfolio Manager on the Global Sustainable Opportunities strategy and also co-manager of the Global High Alpha strategy.

photo of R&M's William Lough
photo of Mayan Uthayakumar

Mayan Uthayakumar
Portfolio Manager, PVT Equities

Mayan graduated from the University of Oxford in 2007 with an Upper Second-Class degree in Politics, Philosophy and Economics. In 2009 he took a Masters in Finance, Money and Banking at the University of St Andrews where he graduated with Distinction.

Mayan joined Goldman Sachs in 2010 where he worked as an Associate in the Global Investment Research team working specifically on equity analysis in the small and mid-cap sectors. In 2014 he joined Sanford C. Bernstein where he researched European Utilities.

Mayan joined River and Mercantile in November 2015 as an Equity Analyst specialising in analysis on companies in the small and micro-cap sectors of the UK Market. During his time at River and Mercantile, he has been Director of Research, responsible for the bottom-up research and alpha generation process, and alternate portfolio manager on the UK Smaller Companies strategy.

photo of Mayan Uthayakumar

Speak to our team

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 & South East

photo of Marcus Honig

Marcus Honig

Sales Director, London & South East

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 West & Channel Islands

Nick Pearse

Sales Director, Midlands, 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

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

PVT Equities: A review of 2022 and a look ahead

PVT Equities: A review of ...

Video 13 December, 2022

R&M's Head of Equities, James Sym, looks back over the year as 2023 approaches.

Learn more

Why investors shouldn’t ignore Europe

Why investors shouldn’t ignore Europe

Video 5 December, 2022

James Sym, Manager of the ES R&M European Fund, discusses the fund's performance, lessons learned…

Learn more

Cleansing capitalism’s karma (video)

Cleansing capitalism’s karma (video)

Video 24 November, 2022

William Lough and Laura Corbetta talk through the hypothesis, research methods and conclusions behind our…

Learn more

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