River and Mercantile positive on growth prospects
Fund house River and Mercantile (R&M) saw net flows of £1bn for the three months to 30 September 2019 thanks to strong investment performance across all divisions.
Shares have been trading at £2.55 since the release of the trading update today (4 November) - 2% higher than previously. The fund house said the inflows of £1bn were primarily driven by its derivatives...
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