R&M to issue additional equity for Rodrigs' UK Micro Cap trust

Increasing opportunities within micro-cap space

Daniel Flynn
clock • 2 min read

Philip Rodrigs' River & Mercantile UK Micro Cap trust is to issue additional equity in order to take advantage of an increasing number of opportunities within the micro-cap sector.

The trust was launched in November 2015 and achieved full investment within six months of its IPO. However, Rodrigs (pictured) continues to see a number of attractive opportunities in the micro-cap sector and recently told Investment Week: "When we listed last December we felt there was a window of opportunity in micro-caps and I am very surprised that that is still there. "We are very enthusiastic about the opportunity set in the micro-cap space, there are some fantastically-valued stocks." Rodrigs said because of the number of new opportunities, he is investing on a 'one-in' a...

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