RLAM AUM shrinks 9% in H1 but sustainable funds remain popular

9% decline in AUM

clock • 2 min read
Royal London group chief executive Barry O'Dwyer
Image:

Royal London group chief executive Barry O'Dwyer

Royal London Asset Management has had a tough start to 2022 with a 9% decline in its total assets under management during the first six months of the year.

As of 30 June 2022, the AUM sat at £150bn compared with £164bn at the same point in 2021. In its half-yearly report, the group listed the various headwinds that had depressed its AUM: "Continuin...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Markets

Bestinvest's bi-annual Spot the Dog finds over £45bn is still in underperforming portfolios

Bestinvest's Spot the Dog finds fewest underperformers in six years

Number of dog funds more than halves

clock 08 August 2022 • 4 min read
European-focused investment grade and high yield credit have highest inflows since April 2020.

Fixed income dominates ETF flows in July

Accounted for $32.5bn

clock 08 August 2022 • 2 min read
Bank of England governor Andrew Bailey

Bank of England gilt sales 'unlikely to upset markets too much'

Central bank raises rates to 1.75%

clock 05 August 2022 • 3 min read