The fund invests primarily in UK companies that are based in the UK, or have significant operations in the country, with a bias to companies that are in the recovery stage of their life cycle. It aims to achieve capital growth in excess of the net total return from the MSCI United Kingdom Investable Market Index over a rolling 5-year period.

Why UK Recovery?

This fund enables investors to have targeted exposure to those companies we believe to have particularly strong potential to create value, following a period of depressed profits that could enable significant recovery.

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.

Fund facts

AUM

£211.4m at 30 November 2021

Benchmark

MSCI UK Investable Markets Index

Fund manager

Hugh Sergeant

Latest updates

Square Mile Talking Factsheet

Square Mile Research shares it's opinion on the ES R&M UK Recovery Fund.

The short video reflects the result of Square Mile’s in-depth, qualitative research that focuses on the fundamentals: manager and environment, investment philosophy and objectives, investment process, portfolio construction, management of risk and value for money.

Fund facts

AUM

£211.4m at 30 November 2021

Benchmark

MSCI UK Investable Markets Index

Fund manager

Hugh Sergeant

Fund literature

Views from the manager

Watch the latest webinar with Hugh Sergeant 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 manager

photo of Hugh Sergeant

Hugh graduated from the London School of Economics with a degree in Economics. He joined Gartmore in 1987 as a UK equities graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there.  He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund. In March 2000 Hugh was promoted to Head of UK Equities at UBS Global Asset Management and Chairman of the UK Equities Committee.  He joined Société Générale Asset Management in 2002 where he was Head of UK Equities, manager of the Growth strategy and co-manager of the Special Opportunities Fund.

Hugh was one of the founding members of RAMAM, joining in August 2006. Hugh is Head of Value and Recovery PVT Equities at RAMAM and manages the UK Equity High Alpha, UK Recovery, Global Recovery and Global High Alpha strategies.

photo of Hugh Sergeant

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

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.

Latest perspectives

Hugh Sergeant’s outlook: Huge anomalies to exploit

Hugh Sergeant’s outlook: Huge anomalies ...

Article 10 January, 2022

Huge anomalies to exploit should lead us to a good position for 2022

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William Lough’s outlook: UK equities have been out-of-fashion but are well suited to the current environment

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Article 10 January, 2022

UK equities have been out-of-fashion but are well suited for the current environment, with low…

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Dan Hanbury’s outlook: Grounds for optimism

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Article 10 January, 2022

As we enter 2022 with global equity markets at or around all-time highs, Dan Hanbury…

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James Sym’s outlook: Will 2022 be the year the industry stops playing at ESG, and starts doing it properly?

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Article 7 January, 2022

James Sym, Head of European Equities at River and Mercantile says that 2022 will be…

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