River and Mercantile Global Recovery Fund

The fund invests in companies around the world which are in the recovery stage of their life cycle with a strong potential to create value

The River and Mercantile Global Recovery Fund has been approved by the Central Bank of Ireland as an open-ended sub-fund of the River and Mercantile Investments ICAV which is registered in Ireland by the Central Bank of Ireland and authorised under the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 as a UCITS.

Why Global Recovery?

The fund offers investors broad exposure across regions, sectors, capitalisation tiers and stocks, to investments, that the manager believes have particularly strong potential to create value, generally following a period of depressed profits.  The fund benefits from the expertise of a highly regarded manager who works within an experienced and talented team of investment professionals.

Investment 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

£81.5m at 30 September 2021

Benchmark

MSCI All Country World Index

Fund structure

EU UCITS

Fund manager

Hugh Sergeant

Fund literature

About the fund manager

photo of Hugh Sergeant

Hugh Sergeant
Head of Value and Recovery strategies, PVT Equities

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.  

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).

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.

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