River and Mercantile rebrands to River Global

investmentweek.co.uk:

Alex Hoctor-Duncan (pictured) is the CEO of River Global, formerly River and Mercantile.

The rebrand follows AssetCo's acquisitions of Saracen Fund Managers, SVM Asset Management and Ocean Dial Asset Management.

As of 31 March 2023, River Global had £2.8bn in assets under management.

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Alex Hoctor-Duncan, CEO of River Global, said the rebrand reflects the strengthening of the business and the alignment of the companies under one group.

He added: «We have simplified and streamlined our business and product offering to better meet the needs of our clients. Whilst it has not been an easy 18 months for our industry, we have used that time to consolidate and leverage the capabilities our acquisitions have brought us.

»I am confident that River Global will go from strength to strength, providing top-rated investment products and excellent service to its clients, underpinned by the complementary talents of an exceptional team of portfolio managers."

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