RVRB, the new River Global B shares that represent the group’s interest in Parmenion Capital, started trading on 7 March 2025. After examining the on-platform managed portfolio service “on-platform MPS” market opportunity, Parmenion’s peers and the performance of MPS portfolios, managed by Parmenion and other leading fund managers, we increase our target price for RVRB 11% to 40p.
