Well known UK manager Philip Rodrigs has left River & Mercantile Asset Management following an investigation into professional conduct.
The firm said the conduct issue was unrelated to his portfolio management responsibilities and that no client or investor had been affected. Rodrigs was manager of the River & Mercantile £900m UK Equity Smaller Companies fund, £375m UK Dynamic Equity fund and £110m UK Micro Cap investment trust. Dan Hanbury will take over UK Equity Smaller Companies, William Lough will take over UK Dynamic Equity and the trust will be managed by George Ensor. Rodrigs had worked at the firm since March 2014 when he joined from Investec Asset Management and leaves today. James Barham, chief exec...
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