R&M retains 90% of fiduciary assets following CMA review

Comes after the group reported it had picked up £2bn in mandates ahead of the retender deadline

clock • 2 min read
River and Mercantile group chief executive James Barham
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River and Mercantile group chief executive James Barham

River and Mercantile (R&M) has managed to retain 90% of relevant assets under management (AUM), following the Competition and Markets Authority (CMA)'s 9 June retender deadline, results show.

It comes after the group said on 10 June that it had picked up 'close to £2bn' in pension scheme mandates in the final few months of the CMA's retendering window. In its latest results today (29 July)...

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