River and Mercantile Group's Solutions Business
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River and Mercantile Group's Solutions Business - overview
Location
-, -, UK
Primary Industry
Financial Services
About
Based in the UK, River and Mercantile Group's solutions arm offers asset management solutions. In October 2021, Schroders agreed to fully acquire River and Mercantile Group's solutions arm for GBP 230 million. The Solutions business consists of the UK Advisory, Fiduciary Management, and Derivatives business of River & Mercantile. As of September 2021, the company's assets under management total over GBP 42 billion.
RMG's Solutions Business offers advisory and fiduciary management services and derivatives. The acquisition will enable River and Mercantile Group's solutions arm to aid its ambitions for the evolution of its asset management company following the transaction, which is slated to take place in mid-December 2021.
Primary Industry
Financial Services
Sub Industries
Consulting Services, Financial Services
Total Amount Raised
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