River & Mercantile retains 90% of fiduciary assets following CMA review

Reports strong wholesale inflows

Anna Fedorova
clock • 2 min read
James Barham, group CEO of R&M
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James Barham, group CEO of R&M

River & Mercantile Group has managed to retain 90% of relevant assets under management (AUM), following a review by the Competition and Markets Authority (CMA) that has caused a shake-up of the fiduciary industry.

In its latest results for the 12 months to 30 June, the group said it had "fared well in an unprecedented period for the fiduciary industry", with every fiduciary mandate in the UK needing to be retendered...

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