Wealth and Asset Management
AssetCo doubles River & Mercantile stake in major fund and wealth strategy shift
AssetCo has snapped up 2.5 million more shares in River & Mercantile (R&M) and announced plans to transform into an asset and wealth management business. The company, which was recently backed by former Standard Life Aberdeen duo Martin Gilbert and Peter McKellar in a fundraise, acquired the shares at £2.28…
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