RLAM

Royal London Asset Management saw outflows more than double in the first quarter compared to the same period last year, although it reported strong growth in its pensions business.

Royal London Asset Management (RLAM) has reported net external business inflows of £2bn in 2014, driven by sales of Martin Cholwill's UK Equity Income fund.

Former Fidelity veteran Trevor Greetham has joined Royal London Asset Management to lead the firm's growing multi-asset team.

A trio of AXA managers have joined Royal London Asset Management (RLAM) as the group brings in-house a £1.6bn property portfolio it has acquired since taking over the Co-operative Asset Management.

Royal London Asset Management (RLAM) saw rising net inflows for the nine months to 30 September, driven partly by the performance of its equity income and credit funds.

Royal London Asset Management (RLAM) chief investment officer Robert Talbut is to depart the company at the end of the year, with Kames Capital's Piers Hillier set to succeed him.

Mid-cap managers are adding to their highest-conviction holdings following the harsh sell-off experienced by the FTSE 250, a fall they argue "has neither rhyme nor reason."

Three Co-operative fund managers have left Royal London Asset Management following the integration of the two businesses.

Royal London's Derek Mitchell has urged caution on the surging housebuilding sector, which has been a major contributor to mid-cap fund performance over recent months.

Mid cap managers are reviewing some of their key holdings following the latest re-shuffle of the FTSE indices, which has seen two popular stocks promoted.