Mercia confident it can provide certainty and cash in uncertain times
Regional investor Mercia continues to be confident about its future growth, hoping it can provide certainty in uncertain economic times.
One-quarter of its £1.44bn of assets under management are unrestricted, while its evergreen funds would not be impacted by weaker investor sentiment, or redemptions, should the UK fall into recession.
"We have a lot of cash to invest this year and the coming years from our existing funds," chief executive Mark Payton told TheBusinessDesk.com.
"There is certainty and clarity from Mercia in a... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...