River and Mercantile prepares to offload Solutions division

Confirmation the investor was planning on selling its fiduciary division

clock • 1 min read
Industry veteran Martin Gilbert
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Industry veteran Martin Gilbert

River & Mercantile (R&M) is planning on selling its fiduciary division in a move that will offload £43bn assets under management from the company.

Solutions - the group's specialist fiduciary manager - had been on the receiving end of "a number of approaches from external parties", the group confirmed yesterday (10 August), after it was reported...

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