Royal London Asset Management

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Royal London Asset Management
Mutual
Industry Investment Management
Founded 1988
Headquarters London, UK
Key people
Andy Carter, CEO
Products Equities, Fixed Income, Property, Cash
Parent Royal London Group
Website www.rlam.co.uk

Royal London Asset Management (RLAM) is a UK-based investment management company with assets under management of more than £101 billion. Headquartered in London, United Kingdom, it has over 2,900 employees working across seven sites in UK and Ireland(as at 30 September 2016).[1] RLAM offers investment management – mutual funds, active and passive portfolio management as well asset allocation for a wide range of clients. RLAM’s clients include, but are not limited to; listed companies, pension schemes, local authorities, educational establishments, charities, wealth managers, financial advisers and multi-managers. RLAM invests across all major asset classes, including the UK and overseas equities, government bonds, investment grade and high yield corporate bonds, property and cash. RLAM is a wholly owned, autonomous subsidiary of the Royal London Group, the UK's largest mutual insurance company.[1]

History[edit]

In 1987, the Royal London Mutual Insurance Society decided to establish its investment department as a separate investment management subsidiary, in order to offer products and services to a wider marketplace.[2] Royal London Asset Management (RLAM) was formed in 1988, won its first external client in 1990 and continued to attract new business through the 1990s. The early part of the following decade was a period of more rapid growth. The acquisitions of United Assurance,[2] Scottish Life[2] and the cash management business of Union Discount (subsequently renamed Royal London Cash Management) led to an increase in assets under management to around £25 billion by the end of 2004. Further expansion, including the acquisition of The Co-operative Asset Management in 2014, has seen this rise to over £87.9 billion (as at 31 March 2016).[1] RLAM has retained its mutual status since its formation in the late 1980s, as such accountability is to the RLAM members instead of external shareholders and profits are only distributed amongst members or reinvested for better returns.

[edit]

One of the core elements of the Royal London Asset Management visual identity is the pelican logo. Named ‘Gilbert’ the RLAM pelican takes its origins as a heraldic symbol of generosity as well as the renowned regal heritage of pelicans.

References[edit]

  1. ^ a b c royallondongroup.co.uk. RLAM http://www.royallondon.com/about/annual-reports/2013annualreport/. Retrieved 2015-04-10.  Missing or empty |title= (help)
  2. ^ a b c Royal London Group history http://www.royallondongroup.co.uk/aboutus/ourhistory/

External links[edit]

  • RLAM website [1]