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 ES River and Mercantile Global Recovery Fund has been approved by the UK Financial Conduct Authority as an open-ended sub-fund of the ES River and Mercantile Funds ICVC, an investment company with variable capital incorporated under The Open-Ended Investment Companies Regulations 2001 and authorised as a UCITS scheme as defined by the Financial Conduct Authority.

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

£345.0m as at 30 June 2022

Benchmark

MSCI All Countries World Index

Fund manager

Hugh Sergeant

Latest updates

Fund facts

AUM

£345.0m as at 30 June 2022

Benchmark

MSCI All Countries World 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

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.  

Hugh was one of the founding members of R&M Asset Management in 2006. Hugh is Head of Value and Recovery startegies within the PVT Equities team and manages the High Alpha and Recovery strategies. 

Hugh_Sergeant

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