River & Mercantile Asset Management has signed an agreement to make its funds available on the cross-border global Calastone transaction network. Calastone offers electronic order routing between fund buyers and fund managers in the format of their choice and provides automated net settlement through trade order matching regardless of size, location or technology preference.

Julian Cripps, Chief Operating Officer at River & Mercantile Asset Management LLP added, “We are committed to growing our client’s returns whilst keeping technology investment to a minimum. Connectivity to Calastone’s automated solution helps us to increase operational efficiency and reduce risk and enables us to pass on any associated savings to our end-users. Calastone’s SWIFT BIC hosting service means we can now benefit from SWIFT network connectivity free of charge using Calastone’s existing SWIFT infrastructure.”