The fund offers investors access to a diversified multi-cap, multi-factor portfolio of attractive stocks and aims to generate a healthy dividend yield
Why UK Equity Income?
Investors can have access to, what we believe to be the most attractive equity income opportunities in one of the best value stock markets in the developed markets. The fund’s diversification means that it has low correlation to – and therefore blends well with – other income funds. The investment team works within the proven framework of the Potential, Valuation, Timing (PVT) process.
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.
Square Mile Talking Factsheet
In this short, independently produced video (from May 2021), Square Mile Research shares its opinion on the ES R&M UK Equity Income Fund.
Square Mile’s in-depth, qualitative research focuses on the fundamentals: manager and environment, investment philosophy and objectives, investment process, portfolio construction, management of risk and value for money.
About the fund manager
Daniel Hanbury
Head of Income and Smaller Companies PVT Equities
Graduating from Loughborough University in 1996 with a First-Class Honours Degree in Mechanical Engineering, Dan began his career at Schroders on the UK Fund Management desk before joining the research department as an analyst in the UK Research Team. He joined Investec Asset Management in 2000 and was responsible for the UK Smaller Companies Fund and the UK Unconstrained portfolios.
Dan was a founding member of RAMAM. Joining in October 2006, he successfully launched the UK Equity Smaller Companies and UK Dynamic Equity strategies and currently manages the UK Equity Smaller Companies, UK Equity Income and Core strategies.
Fund downloads
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).
Tom De Lisle
Sales Director, London
Tom De Lisle
Sales Director, London
Tom is Sales Director for London within the Wholesale Distribution team. He looks after a wide range of clients including Discretionary Wealth Managers, Multi Managers, Family Offices, Private Banks and Global Financial Institutions. Tom joined R&M in February 2013. He started his career in financial services in 2004 at a London stockbroking firm advising high net worth individuals on US stocks and helped launch the alternative investments division. He then moved to Neptune Investment Management in 2007 as Sales Manager covering the London and Greater London area and also became Head of Family Office Business Development. Tom has a degree in Modern and Medieval French from the University of Oxford, he holds the IMC certificate and is a member of the CFA UK Society.
Marcus Honig
Sales Director, London & South East
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.
Latest perspectives
Real world implications of higher inflation for investors
Real world implications of higher ...
Much has been written in recent months about the return of inflation and whether it…
6 min readEmerging Markets spotlight – China
Emerging Markets spotlight – China
R&M's Head of Emerging Markets, Al Bryant, discusses his views on China and the positioning…
Learn moreThe gift that keeps on giving: the pivotal role of the Paper & Packaging industry in the transition to a circular economy
The gift that keeps on ...
An argument that it’s possible to find companies with robust growth drivers and stock-specific fundamentals…
6 min readGradually, then suddenly
Gradually, then suddenly
William Lough explains how the R&M investment process integrates sustainability credentials as part of its…
5 min readStay up to date with the latest news, views, reports and updates on the topics of your choice, delivered straight to your inbox.