Current Investments

River & Mercantile Investment Management. Between 1994 and 1996
Pacific acquired a 100 per cent. interest in River & Mercantile Investment
Management Limited (RAMIM). RAMIM was founded in 1881 and at the time
of acquisition managed five investment trusts with a total of £400m under
management. Pacific sold the largely short dated investment management
contracts but retained the RAMIM name and established a new fund
management company which became Liontrust Asset Management.