Ascentric, a wrap platform owned by British investment company Royal London has reported a tripling of its dealing cash value following the outcome of the EU Referendum, as investors increasingly turned towards ETFs to implement tactical positions. Fund providers such as ETF Securities also reported record inflows in the aftermath of the Referendum outcome, inflows […]
Royal London Asset Management (RLAM) has appointed Richard Marwood as senior fund manager. He will report to Piers Hillier, RLAM’s chief investment officer. In his new position, Marwood will work closely with RLAM’s equities team, including Martin Cholwill, UK equity income fund manager, who he worked with previously. Marwood joins from AXA Investment Management where he […]
UK based Royal London Asset Management (RLAM) has appointed John Burke as head of its institutional business. Burke will take on his role at the beginning of September and report to Rob Williams, head of distribution at RLAM. He will be responsible for the growth and direction of RLAM’s institutional business. Burke joins from Newton Investment […]
China’s stock market slide and some weaker manufacturing data have sparked a sharp sell-off in equity markets. Our composite investor sentiment indicator has signalled one of the strongest contrarian buy signals on record with a depressed reading comparable with the onset of the great financial crisis in 2007, the Lehman failure in 2008 and the […]
Alan Brown, member of the 300 Club and senior adviser at Schroders, says the investment industry needs a new model for best practice that does better than rely on factors such as fund characteristics, regulatory environment and risk preferences.
Royal London is in exclusive talks to acquire Co-operative Financial Services’ asset management and life insurance arms.
Growth in the European Fund and Asset Management Association’s (EFAMA) corporate membership base will position the body better to influence Brussels, says its head.