Royal London Asset Management (RLAM) is a significant equity investor, with £58.1bn in equity assets under management, as of 31 October 2023.
Its experienced fund managers have significant combined investment experience in managing equity portfolios through changing economic conditions and business cycles. Its managers are empowered to run high-conviction strategies with minimal investment bureaucracy, enabling nimble decision making and high conviction portfolios.
The foundation of its approach is its Corporate Life Cycle framework, which locates every company in one of five Corporate Life Cycle categories, from early-stage accelerators and growth compounders to more mature returners and turnarounds.
The Corporate Life Cycle specific quantitative and qualitative analysis culminates in Shareholder Wealth Creation scores and rankings of companies, the most attractive of which feed into further valuation work for portfolio candidates. Shareholder Wealth Creation is a forward-looking factor that RLAM believes is under-analysed by the market, is hard to do well, and yet is a powerful long-term driver of corporate performance.
RLAM then seeks to value companies, and explicitly incorporates material ESG factors into these scenarios.
The combination of these elements wins RLAM Insurance Asset Risk's Equity manager of the Year award.