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

9% decline in AUM

Eve Maddock-Jones
clock • 2 min read

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: "Continuing geopolitical and economic uncertainty, stemming from the war in Ukraine, the emergence of stagnation fears and the increased cost of living. "These factors have led to turbulent market conditions, with a compression in fixed income prices, volatile equity valuations and pressure on customers' disposable income." The group added that these falls matched the declines seen across global equit...

To continue reading this article...

Join Professional Adviser for free

  • 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

Market Movers: Clients turn to alternatives and international portfolios

Market Movers: Clients turn to alternatives and international portfolios

Nearly all of advisers are increasing client alternative asset allocations

Professional Adviser
clock 06 June 2024 • 1 min read
Back to low inflation: How can we expect the rest of 2024 to play out?

Back to low inflation: How can we expect the rest of 2024 to play out?

‘By August, the conditions will be met to start cutting’

Charlotte Moore
clock 23 May 2024 • 4 min read
Declining inflation falls short of expectations; lowest still since 2021

Declining inflation falls short of expectations; lowest still since 2021

'Advisers are there to guide their clients through continued volatility'

Hope Coumbe
clock 22 May 2024 • 2 min read