Equities

OVERVIEW

Equity investing at Royal London Asset Management

Equity markets offer a diverse way to meet a number of investor objectives. Global equity markets are vast, with a huge variety of quoted companies that span industries and countries around the world.

At Royal London Asset Management, we help our clients navigate these complex markets. Our team covers an investment universe of over 5,000 companies and we have an array of different equity portfolio propositions for clients. In a world of low returns, it is our task to identify the choice investment opportunities where capital can best be deployed.

Capabilities

Global equity

We manage both widely diversified and more concentrated portfolios using a process that measures, compares and values individual companies across different countries and sectors. The team exploits inefficiencies in areas such as different accounting methods and market short-termism to create portfolios of companies with strong shareholder wealth characteristics.

Find out more about global equity

UK equity

The team has decades of combined investment experience in managing UK equities through changing economic conditions and business cycles. The team’s collective working knowledge of the UK stock market, built up over decades, is part of our competitive edge. Our managers are empowered to run high-conviction strategies with minimal investment bureaucracy, enabling nimble decision making and high conviction portfolios.

Find out more about UK equity

Sustainable equity

Our sustainable fund range focuses on companies that we believe will make a positive impact on society. Innovative, well managed companies with strong business models, that are helping to solve the world’s sustainability challenges. Our range of funds runs from those invested entirely in equities to those invested wholly in fixed income.

Find out more about sustainable equity

Equity tilt

We recognise that many investors like the cost-effective nature of passive funds, but increasingly want ESG factors to be reflected in these. Our equity tilt funds provide that cost-effective passive equity exposure but incorporate ESG and climate-related investment criteria.

Investment approach

Our approach is to focus on having a strong platform on which to build strong capabilities in two main areas:

Investment insights into individual stock opportunities
Portfolio implementation, including quantitative tools and risk management infrastructure.

Within the agreed parameters, our fund managers are then responsible for their own investment decisions and can back their own high conviction approach. We believe that blending a strong and powerful platform, with nimble and empowered fund managers, is the best way to achieve our clients’ investment objectives.

We believe that blending a strong and powerful platform, with nimble and empowered fund managers, is the best way to achieve our clients’ investment objectives.

While there is significant variation in underlying team processes, there is a common approach across teams based on bottom-up stock selection, underpinned by:

Focus on cashflow ahead of accounting data
Strong balance sheets
Long-term quality bias
Not being benchmark constrained

We believe that this approach gives us investment teams that are nimble and autonomous, rather than solitary and unsupported.

Our team

Mike Fox, Head of Equities

Mike Fox
Head of Equities

Headed by Mike Fox, our experienced team has a deep knowledge of equity markets, through both upturns and downturns. Over half of our portfolio managers have in excess of 20 years’ experience actively managing client assets.

With around £66.4 billion of assets under management (as at 30 September 2024, subject to rounding), we have significant access to senior company management.

We have teams covering global equities, UK equities, sustainable strategies and equity tilt funds. We have invested significantly in resources that can support these teams, both in terms of technology and people. Perhaps the best example of this is our Responsible Investment team, which provides additional environmental, social and governance insights and analysis to add to research done within the teams.

Our funds

With our diverse range of equity investment funds, we’re confident that investors will be able to find the funds that match their needs and risk appetite.

We cover domestic markets with our UK equity funds; we also cover Europe and the US, as well as Asia and emerging markets. Our global funds offer carefully selected stocks from across the global markets. Read more on our equity capabilities and funds via the links below.

Global equity

UK equity

Sustainable investing

Go to fund centre