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

£198.3m at 31 October 2022

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

£198.3m at 31 October 2022

Benchmark

MSCI UK Investable Markets Index

Fund manager

Hugh Sergeant

Fund literature

About the fund manager

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.

Hugh_Sergeant

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