R&M's Sym bets on Europe's environmental credentials to boost unloved market

Is renewable energy the key to renewed fortunes?

Mike Sheen
James Sym of River & Mercantile

James Sym of River & Mercantile

The environment is set to be the theme to dominate the next business cycle, according to River & Mercantile's James Sym, who believes Europe's strength across the renewable energy value chain will enable the continent to shrug off its unloved status among investors amid the economy recovery.

European stocks have lagged global peers over the past decade, with the MSCI Europe index returning 81.6% over ten years to 20 October compared to a 195.3% return for the MSCI World, according to FE fundinfo. However, manager of the ES R&M European fund, which launched at the end of September, Sym told Investment Week he expects a divergence through the economic recovery from the coronavirus crisis from the key themes of the previous cycle, "which was all about the very large US tech stocks". River & Mercantile launches first fund for newly-hired James Sym Sym said: "The environmen...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week