Press release 25 May, 2021

River and Mercantile Group appoints Alex Hoctor-Duncan to its board

The former Global Head of Aberdeen Standard Investments will join the board as an Executive Director responsible for Strategic Development.

Written by
Share

River and Mercantile Group (RMG) announces the appointment of Alex Hoctor-Duncan, Global Head of Aberdeen Standard Investments, to the board as an Executive Director, responsible for Strategic Development. The appointment is expected to take effect later this year following the conclusion of his contractual responsibilities.

James Barham, Group CEO of River and Mercantile, said: “I am very excited that Alex will be joining us. He has a long, proven track record in the industry and will bring a perspective to our strategic development that will fit in well with our ambitions to take River and Mercantile forward to the next stage. The momentum within the business is noticeable as the investment we made in distribution and in new investment teams make an impact in particular in our Solutions and Wholesale businesses. I look forward to welcoming Alex to the Board.”

Jonathan Dawson, RMG’s Chairman, said “We are delighted to appoint Alex to the board. He has had an outstanding 25 year career in the asset management industry, mainly at BlackRock and its precursor companies in the UK, and most recently in his current role as Global Head of Aberdeen Standard Investments where he was responsible for its strategy and growth plan. He will provide a significant boost to our Group enabling us to advance our ambitious growth strategy.”

Alex Hoctor-Duncan said: “I am enormously excited to be joining River and Mercantile to focus on developing its strategy and future growth. I was attracted by the developing opportunities for the Group in terms of building further on the highly regarded Solutions business and the internationally recognised team in the Asset Management business.”

The Group continues to trade in line with expectations. It has seen additional Fiduciary and Derivative success and since the beginning of the calendar year has now won £3bn of new mandates with IMA’s under negotiation. Alongside this the Group is seeing a strong recovery in the wholesale business which in combination with the Fiduciary and Derivative wins, positions the business well for FY2022.

River and Mercantile Group PLC makes this announcement in accordance with LR9.6.11R. Mr Hoctor-Duncan’s date of appointment will be announced once certain, in accordance with LR9.6.12R. Further biographical details of Mr Hoctor-Duncan’s career will be announced subsequently by the Company in accordance with LR 9.6.13R.

For further information, please contact:

Montfort Communications
+44 7885 654 636

Contact us

For more information speak to one of our communications team members

R&M-00-HOME-CONTACT US

Latest perspectives

James Sym on… his approach to selecting ESG stocks

James Sym on… his approach ...

Video 12 October, 2021

James Sym discusses his valuation conscious approach to selecting ESG stocks for his European equity…

Learn more

James Sym on… the return of inflation

James Sym on… the return ...

Video 12 October, 2021

Head of European Equities, James Sym, discusses inflation and considers if end clients are vulnerable…

Learn more

Real world implications of higher inflation for investors

Real world implications of higher ...

Article 8 September, 2021

Much has been written in recent months about the return of inflation and whether it…

7 min read

Sign up to our newsletters

Stay ahead of the curve by receiving our newsletter containing current industry developments and insights.