RLCM, RLAM CI hit £3bn in funds under management

Funds managed by the Royal London cash management businesses have passed £3bn, according to the grou...

Funds managed by the Royal London cash management businesses have passed £3bn, according to the group. Tom Meade, investment director, said the assets managed by Royal London Cash Management and Royal London Asset Management Channel Islands have doubled since the two companies were incorporated into the Royal London group in 2001. RLCM, the company’s London-based cash management operation, currently manages £2bn of liquidity assets on behalf of UK onshore clients, with £1.2bn being managed in Guernsey by RLAM CI for offshore investors.