Ascentric, a wrap platform owned by British investment company Royal London, today announced that its total platform assets (AUA) have exceeded £11bn (€13bn). This follows gross inflows of over £1.2bn year to date. Growth in assets on the platform have been the result of an increase in the number of new account applications being received […]
Morningstar has upgraded the Royal London UK Equity Income fund to an Analyst Rating of Silver from its previous rating of Bronze. The change follows a recent Analyst Ratings meeting. Morningstar said the decade long performance of portfolio manager Martin Cholwill has been consistent in its ability to deliver yield and “competitive total returns for […]
Henderson non-executive chairman Rupert Pennant-Rea is to stand down in May 2013 as the asset manager unveils a corporate restructure.
FE, the funds data provider, has announced 191 funds obtained the highest five FE Crowns rating following adjustment to the ratings methodology – previously the highest rating was three FE Crowns.
Royal London is in exclusive talks to acquire Co-operative Financial Services’ asset management and life insurance arms.
Royal London, the UK’s largest mutual life and pensions’ company, has launched its own charitable foundation, The Royal London Foundation.
Royal London has recruited the current managing director of Lloyds Banking Group’s life, pensions and investments business to become its CEO.