Asset management editor

Newly-listed River & Mercantile Group Thursday underscored plans for more so-called "outcome-orientated" fund management, as it published its first set of results since its June flotation.

River & Mercantile Group was formed by the March 2014 merger of investment consultancy P-Solve and River & Mercantile Asset Management. The combined group listed on the London Stock Exchange three months later; at a cost of around £4.6 million, according to today's results.

The newly-listed R&M Group confirms the launch of a new Dynamic Asset Allocation strategy

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