R&M recruit another manager

River & Mercantile (R&M) has recruited another manager, Alex O’Reilly, from Newton Investment Management.

He joins Alex Stanic, who announced his employment as head of global equities with R&M recently. Previously, Mark Thomas, the managing director of R&M, said Stanic would look to recruit a team to create global equity products once he joins in April.

Newton says that O’Reilly joined 18 months ago to work with Stanic. The global equity mandates will continue to be run on a team basis.