Speculation of UK rate rise is misplaced Kernohan
We may be less than two weeks into a new year but there is already plenty of chatter about the Bank of England raising interest rates – misplaced speculation, according to RLAM’s economist.
We may be less than two weeks into a new year but there is already plenty of chatter about the Bank of England raising interest rates – misplaced speculation, according to RLAM’s economist.
Royal London Asset Management (RLAM) has hired former F&C marketing and communications head Tracy Fennell, while promoting internally for a new head of proposition.
This year has seen sentiment towards the UK economic outlook turn full circle, from worries about a triple-dip recession to talk of an unsustainable housing boom, writes Ian Kernohan, Royal London Asset Management economist.
After a recent review of our economic and market outlook for 2014, with monetary policy settings still at emergency levels, it seems very premature to argue that the economic backdrop is anything other than unusual.
One of the major challenges to clients of asset managers is the threat to any form of longer-term thinking – in a world where news or views are defined in terms of 140 characters we are losing both perspective on what really matters and also the ability to focus upon it.
IFDL is planning to launch a platform service for intermediaries, which will allow them to offer their own non-advised platform as it looks to re-focus on the adviser market through Ascentric.
Royal London is a step closer to acquiring the Co-operative’s asset management (TCAM) and life insurance businesses after its members approved the move at an extraordinary general meeting this morning.
RLAM’s fortunes changed in the first quarter of 2013 as the firm reported net new business inflows of £224m and a 5% increase in funds under management.
Royal London Asset Management (RLAM) announced a 66% increase in gross inflows, but its outflows more than doubled between 2011 and 2012, the firm’s end of year report reveals.
Royal London Asset Management (RLAM) has revealed details of the new passive portfolios that will replace its Japan Growth and Far East funds.
Eric Holt looks at the outlook for sterling fixed income and explains why he sees risk mitigation as central to any fixed income allocation.
Royal London has acquired the Co-operative Banking Group's life insurance and asset management businesses in a deal worth &219m.