River and Mercantile today announces that Mayan Uthayakumar becomes co-Manager of the ES River and Mercantile UK Dynamic Equity Fund, which he will manage alongside current fund manager William Lough.
Mayan joined R&M in 2015 as an analyst within the PVT Equities team, and most recently has been the team's Director of Research, responsible for the bottom-up research and alpha generation process. He was previously at Goldman Sachs and Sanford C Bernstein.
The ES River and Mercantile UK Dynamic Equity fund utilises an unconstrained approach to offer investors access to what R&M believes to be the strongest opportunities in the UK market.
William Lough said: "I'm delighted to welcome Mayan officially as co-Manager of the UK Dynamic Equity strategy, although he's been working closely with me since I started running the fund in 2018 and has been a valued member of the team even longer. Mayan already provides lead coverage on over a third of the portfolio's stocks so this is territory that he knows very well."
James Sym, R&M's Head of Equities, said: "Mayan has been an integral part of the team for many years with his focus, diligence, detail and enthusiasm, and has demonstrated a natural flair for stock picking. He has also helped drive forward the development of our systematic, team-based investment approach which has delivered significant long-term outperformance across our products. This promotion is also a great credit to the culture of the team and the organic process we have in place at R&M to develop and nurture talent."
Mayan Uthayakumar said "It's an exciting personal and professional milestone to be formally named as co-Manager and I appreciate the confidence and trust shown in me by Will, James and the broader team. We're all very focused on delivering the returns our investors expect."
River and Mercantile Group plc published this content on 06 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2022 09:03:04 UTC.