Royal London Asset Management

Royal London Asset Management (RLAM) is a UK-based investment management company and a wholly owned, autonomous subsidiary of the Royal London Group. Established in 1988, it was created to manage assets connected with the group and subsequently developed into an external investment-management business. Its first external client was secured in 1990, after which the company expanded its institutional and intermediary relationships during the 1990s. RLAM invests across several major asset classes, including fixed income, equities, multi-asset portfolios, cash and property. Its offering is delivered through both pooled investment vehicles and segregated mandates, allowing it to serve clients with different governance structures, liquidity requirements and portfolio objectives. The client base described for the business includes pension schemes, local authorities, insurance companies, charities, endowments, universities, wealth managers and other financial intermediaries. The company’s development has included expansion through acquisitions and business transfers. In 2000, the Royal London Group acquired United Assurance Group. In 2004, it acquired Scottish Life and the cash-management business of Union Discount, which was subsequently renamed Royal London Cash Management. In 2013, RLAM acquired The Co-operative Asset Management, an important step in broadening its sustainable-investment capabilities. Alongside conventional active investment strategies, RLAM offers funds and services incorporating ethical or sustainable approaches. This has formed a notable part of the firm’s investment proposition, particularly following the integration of The Co-operative Asset Management’s sustainable-investing strengths. The business operates within the wider Royal London Group, which is described as the UK's largest mutual insurance company. Its role is therefore both that of an asset manager for group-related assets and a third-party manager serving external institutions and investment distributors. RLAM’s brand identity includes a pelican named Gilbert. The symbol draws on the pelican’s traditional association with generosity and on its use in heraldic and regal imagery. No separate public listing, independent parent ownership or current executive information is established in the supplied reference material.

Royal London Asset Management was established in 1988 as a subsidiary of the Royal London Group. Its original role was connected to the investment management of assets within the wider Royal London organisation, but the business soon developed an external-client capability. RLAM won its first external client in 1990 and continued to build its client base through the 1990s, establishing itself as more than an internal investment function. The 2000s brought a period of accelerated development for the Royal London Group and its asset-management activities. In 2000, the group acquired United Assurance Group. In 2004, it acquired Scottish Life as well as the cash-management business of Union Discount. The latter business was later renamed Royal London Cash Management, expanding the group’s capabilities in liquidity and cash-related investment services. RLAM continued to broaden its investment platform and market reach in the following decade. In 2013, it acquired The Co-operative Asset Management, commonly referred to as TCAM. The transaction strengthened RLAM’s position in sustainable investing and enabled it to benefit from TCAM’s experience in ethical and responsible investment. Sustainable and ethical funds subsequently remained part of the range associated with RLAM. The company’s business model combines management of Royal London Group assets with third-party investment services. Its external clients include pension schemes, local authorities, insurance companies, charities, endowments, universities, wealth managers and other financial intermediaries. RLAM provides access through pooled funds as well as segregated accounts, supporting both standardised and customised investment arrangements. The investment platform covers fixed income, equities, multi-asset portfolios, cash and property. This breadth allows the firm to serve institutional investors and intermediaries seeking active management across different risk, return and liquidity objectives. The supplied reference material does not establish a separate stock-market listing for RLAM, and identifies it as a wholly owned autonomous subsidiary of the Royal London Group. RLAM’s visual identity includes a pelican character named Gilbert. The pelican motif is associated with generosity and has a heraldic or regal tradition, giving the investment-management brand a distinctive link to the wider Royal London identity. The company remains an active UK-based investment manager within the mutual Royal London Group.

• 2013

  The Co-operative Asset Management acquisition

  [1]Royal London Asset Managementen.wikipedia.org

  RLAM acquires The Co-operative Asset Management, strengthening its sustainable-investment capabilities.

• 2004

  Scottish Life and Union Discount cash business acquisitions

  [1]Royal London Asset Managementen.wikipedia.org

  The group acquires Scottish Life and the cash-management business of Union Discount, later renamed Royal London Cash Management.

• 2000

  United Assurance Group acquisition

  [1]Royal London Asset Managementen.wikipedia.org

  The Royal London Group acquires United Assurance Group as part of its broader expansion.

• 1990

  First external client

  [1]Royal London Asset Managementen.wikipedia.org

  RLAM wins its first client outside the Royal London Group and begins developing its external asset-management business.

• 1988

  RLAM is established

  [1]Royal London Asset Managementen.wikipedia.org

  Royal London Asset Management is formed as a subsidiary of the Royal London Group.

A UK active investment manager combining the resources of the Royal London mutual group with a broad institutional and intermediary investment platform, including ethical and sustainable strategies.

• Asset class

  Fixed income

  RLAM manages fixed-income investments as part of its core asset-class platform. The offering is intended for institutional and intermediary investors seeking exposure to debt markets through active management, pooled vehicles or segregated mandates. The supplied reference material does not identify particular funds, benchmarks or product names.

• Asset class

  Equities

  The equity platform provides active investment management across shares and equity portfolios. It forms one of RLAM’s principal investment capabilities and can be accessed by institutional clients and intermediaries through funds or separately managed accounts. Specific regional or sector strategies are not identified in the supplied material.

• Portfolio solution

  Multi-asset

  RLAM offers multi-asset investment approaches that combine exposure to more than one core asset class. Such strategies sit within the firm’s broad active-management range and are available through pooled vehicles and segregated accounts. The reference material does not provide details of individual mandates, asset-allocation models or named funds.

• Cash and liquidity management · 2004

  Cash management

  The cash-management capability was expanded through the acquisition of Union Discount’s cash-management business in 2004, which was subsequently renamed Royal London Cash Management. It supports the group’s broader investment-management and liquidity offering, although specific current products are not detailed in the supplied sources.

• Real estate investment

  Property

  Property is one of the core asset classes managed by RLAM. The capability gives institutional and intermediary investors access to property-oriented investment exposure through the firm’s broader investment platform. The supplied material does not specify individual property funds, buildings or geographic mandates.

• Responsible investment · 2013

  Ethical and sustainable funds

  RLAM offers funds that apply ethical or sustainable investment approaches. This area was reinforced by the 2013 acquisition of The Co-operative Asset Management, whose sustainable-investing strengths became part of RLAM’s broader platform. Specific fund names, screening rules and current assets are not established by the supplied reference.

• 2013

  Acquisition of The Co-operative Asset ManagementM&A

  Background

  RLAM sought to broaden its investment-management capabilities and benefit from The Co-operative Asset Management’s strength in sustainable investing.

  Action taken

  RLAM acquired The Co-operative Asset Management, also known as TCAM.

  Aftermath

  The acquisition strengthened RLAM’s sustainable and ethical investment proposition.

  Source

1. 1Royal London Asset Managementen.wikipedia.org