A group of specialist businesses
where the bottom line is always
financial sense.

Royal London Asset Management (RLAM) was set up in 1988 as the dedicated fund management arm of the Royal London Group. Over time, RLAM has evolved from being a purely internally focused operation to now providing investment solutions for a wide range of external clients including pension schemes, fund of fund managers and private investors.

RLAM manages over £35bn of assets, spread across equities, bonds, property and cash, and is able to construct portfolios to meet various risk/return profiles. RLAM’s fixed income team in particular has built up a very strong reputation, regularly winning industry awards for its performance and attracting significant amounts of new business.

Royal London Cash Management

Royal London Cash Management (RLCM) was established in 2001 when the Royal London Group purchased Union Fund Management. RLCM provides specialist cash management services for many different types of clients including charities, insurance companies, universities and plcs. RLCM employs 10 people and shares a floor with RLAM in the Gracechurch Street office. They have seen their funds under management increase significantly in recent years as their traditional, “safety first” approach has proved very popular with clients.

Royal London Asset Management (Channel Islands)

Royal London Asset Management (Channel Islands) – or RLAM (C.I.) – offers similar services to RLCM, but for clients based outside the UK. The four-strong team is based in St Peter Port, Guernsey, managing assets for a large number of individuals and institutions. Acquired by the Group at the same time as RLCM, the company has strong ties with the Guernsey and Jersey cash management industry, providing a comprehensive, and often completely outsourced, treasury management solution for these clients.

Key Products

• Unit Trusts
• Pooled pension funds
• Segregated investment mandates
• Cash management services

Key points from 2009

• RLAM’s investment performance was strong in 2009, helping to attract £589m of net new assets during the year
• With £6.2 billion of cash funds under management, Royal London continues to be the largest manager of segregated cash portfolios in the UK
• RLAM’s equity team named “Best Group” in the Equity Large category at the 2010 UK Lipper Award
• We have successfully converted the structure of a range of our funds – changing them from unit trusts into OIECs
• The property component of the Royal London Long Term Fund took top honours at the IPD/IPF Property Investment Awards 2009, being named category winner in the Insurance Company Life Funds (above £1bn) category