River & Mercantile

An Industrial Life Cycle approach to investing in Emerging Markets

River and Mercantile PLC is a London-based asset manager with $7 billion in AUM. The River and Mercantile ILC Equity Team is based in Chicago and specializes in Emerging Market equities.  The ILC Equity Team utilizes its proprietary Industrial Life Cycle (ILC) investment methodology to construct Emerging Markets and Emerging Markets Small Cap portfolios. ILC is built upon the idea that wealth creation principles vary depending on where a company falls within its maturity cycle.  Good investment ideas are present within each stage of the maturity spectrum, and the ILC process is used to identify opportunities using stage specific criteria that have proven to create shareholder value over time. These ideas are managed within a core-oriented portfolio with high active share derived almost exclusively from stock specific sources.