Royal London Asset Management has continued its expansion into the UK equity market with the launch of a small cap fund which will invest primarily in firms outside the FTSE 350.
The Royal London UK Smaller Companies Trust, a UCITS III authorized unit trust launched on 20 July, will be managed by senior UK equity fund manager Victoria Stewart. Stewart has been in the industry for 13 years working at United Friendly Asset Management and Cantrade Investment Management before RLAM. She is a member of RLAM’s seven-strong UK equity team and was appointed lead small cap fund manager across the company’s range of UK equity products in January 2006. RLAM chief investment officer, Robert Talbut, says: “We are delighted to announce the launch of this new fund as the next s...
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