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River and Mercantile adds to wholesale distribution team


River and Mercantile (R&M) has added to its Wholesale Distribution team with the appointment of Martin Canavan as Sales Director for the north of England, Scotland, Ireland and Isle of Man.Canavan joins the business from Merian Global Investors where he was sales and relationship manager for Independent Financial Advisers (IFAs) and Discretionary Fund Managers (DFMs) across similar northern territories. Prior to this, Canavan was Sales Manager at Kames Capital.

Canavan will be starting his role at R&M in August.
Canavan joins the R&M Wholesale Distribution team led by Simon Smith who joined from Merian in July, and will work alongside Simon and the other members of the team. His primary responsibility will be to support all intermediated channels in the north of England, Scotland, Ireland and the Isle of Man.
James Barham, CEO of River and Mercantile Group, says: “We’re delighted that Martin is going to be joining R&M. He brings with him a wealth of experience and has demonstrated an ability to drive asset growth. As noted in the business’s recent year-end trading statement, in which we were pleased to report some robust numbers, R&M has made clear its plans to expand our distribution capability significantly and Martin’s appointment, recently following that of Simon Smith as head of the Wholesale Distribution team, is further evidence of both this and also our commitment to service investment professionals across all four corners of the UK.”
Canavan says: “I’m excited to be joining R&M with its strong equity product line up. The company understands that there is a world outside of London and is determined to provide all its clients with dedicated and visible relationship management wherever they be. With 15 years’ experience of working with the intermediary market, I look forward to bringing R&M’s powerful fund range to investors across the north.”

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