River and Mercantile Group Plc’s Fee Earning AUM/NUM Increases To £41.7Billion In September Quarter

  • Nov 04, 2019 GMT
  • Team Kalkine
  • River and Mercantile Group Plc (RIV) has released a trading update for the three months ended 30 September 2019.
  • Company’s fee earning AUM/NUM during the reported period increased by 5 per cent to £41.7billion.
  • During the quarter gross sales of the company were reported at £1.2billion, while the net flows stood at £1.0 billion.
  • The company reported a positive investment performance across all divisions, adding £0.9 billion of opening AUM/NUM.
  • On 4th November 2019, at the time of writing, GMT 08:41 AM, RIV shares were trading at GBX 255.00, up by 5.00 points or 2.00 per cent against the previous day closing price.

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