River and Mercantile has acquired a number of wealth management organisations, and has decided to refresh its brand.
London-based investment management boutique River and
Mercantile has changed its name to River Global, refreshing
its brand following a run of acquisitions.
The business said it wants to bring together its investment talent under a “single fresh and modernised brand.”
The rebrand doesn’t affect how any of the firm’s funds are run, River Global said in a statement yesterday.
River Global has in recent years acquired equity boutiques Saracen Fund Managers, SVM Asset Management and Indian specialist Ocean Dial Asset Management.
“We have strengthened our business through a series of strategic acquisitions and combined some truly exceptional talent under one brand identity, River Global chief executive Alex Hoctor-Duncan, said. “We have simplified and streamlined our business and product offering to better meet the needs of our clients. Whilst it hasn’t been an easy 18 months for our industry, we have used that time to consolidate and leverage the capabilities our acquisitions have brought us.”
River Global manages £2.8 billion ($3.55 billion) in assets (as at 31 March 2023) for a range of wholesale and institutional clients focusing on listed equities.