UK start-up manager takes LongView ASP

LONDON – River and Mercantile Asset Management, a recently formed long-only manager focused on UK equities, has begun implementing Linedata's LongView ASP hosted system for order and portfolio management, compliance and electronic trading.River and Mercantile, Linedata's first European LongView ASP client, will initially use the system to trade in domestic equity markets, and then plans to expand over the next 12 to 18 months into global equities. The firm targets both institutional and reta