ROYAL London Asset Management (RLAM) has launched a UK Smaller Companies fund.
The Royal London UK Smaller Companies trust is a UCITS III authorised unit trust, and will invest primarily in companies outside the FTSE 350. Launched on July 20, it is part of the IMA UK Smaller Companies sector and will be benchmarked against the FTSE Small Cap (ex Investment Trusts) Index. The fund will be managed by senior UK Equity fund manager, Victoria Stewart, who said: “This is an exciting new fund launch for RLAM and for me personally. "I’ll be looking for smaller UK companies which I believe have been unnoticed by the market and which have the long-term potential to g...
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