Rlam reports net inflows of £111m
Royal London Asset Management has reported net new business inflows of £111m, down significantly from £902m reported at the same time last year.
Royal London Asset Management has reported net new business inflows of £111m, down significantly from £902m reported at the same time last year.
According to Royal London Asset Management economist, Ian Kernohan, the issue is not so much when the first hike will come in the US, if at all, but how quickly rates rise.
Royal London Asset Managements Ian Kernohan says despite new GDP numbers from the ONS RLAM still expects interest rates to rise very gradually in 2015.
In its half year report, Royal London Asset Management reported inflows of £1.3bn, which is £1bn more than recorded in the same period last year.
Ian Kernohan looks back over the first six months of 2014 and compares RLAMs expectations in January to the reality.
A strong Euro and devaluation in the peripheral economies are two main headwinds to inflation, Ian Kernohan, economist at Royal London Asset Management.
Royal London Asset Management says Q1 inflows were £902m, over four times higher than in Q1 2013
China has been in the spotlight of investor attention over the past few months, with growing concerns about a slowdown in economic growth and the risks associated with the shadow banking sector.
Despite speculation that interest rates will rise, RLAM does not expect rates to rocket this year.
RLAM’s Cholwill has predicted a pick-up in M&A as mega caps face stagnant growth prospects.
In the midst of the integration phase, three former Co-op managers have left Royal London.
RLAM took in £835m from wealth managers in 2013