RLAM boosts equities team with appointment of Richard Marwood
22 February 2016
Royal London Asset Management (RLAM), one of the UK’s leading fund management companies, today announces the appointment of Richard Marwood as Senior Fund Manager. Richard will report directly to Piers Hillier, RLAM’s Chief Investment Officer.
Richard will work closely with RLAM’s equities team, including Martin Cholwill, UK Equity Income fund manager, who he worked with previously. RLAM will look closely at potential fund opportunities playing to Richard’s strengths.
Currently, Royal London Asset Management’s equities team has £27.3bn of assets under management, with £17.5bn in UK equities.
Richard joins Royal London Asset Management from AXA Investment Management where, throughout his twenty year tenure, he ran a diverse range of funds focused on both UK equities and multi asset portfolios. Richard graduated from Lincoln College, Oxford, with a D.Phil in Aerodynamic engineering.
Piers Hillier, Chief Investment Officer, commented: “Richard is a key hire for Royal London Asset Management’s equity team. Richard’s strong history of managing equities across a range of market conditions will be valuable for RLAM and its clients as we continue to build out our offering in this area.”
Commenting on his appointment, Richard Marwood said: “I am excited to be starting a new challenge. RLAM is a firm very much on the front foot and I look forward to working with the team.”
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About Royal London:
Royal London is the largest mutual life, pensions and investment company in the UK, with Group funds under management of £84.5 billion. Group businesses provide around 9.1 million policies and employ 2,988 people. (Figures quoted are as at 31 December 2015).
About Royal London Asset Management (RLAM):
Established in 1988, Royal London Asset Management (RLAM) is one of the UK's leading fund management companies, providing investment management solutions to both wholesale and institutional clients such as not-for-profit organisations, local authorities and the insurance sector.
RLAM manages over £84.5 billion of assets and employs 75 investment professionals. It invests in all major asset classes including UK and overseas equities, government bonds, investment grade and high yield corporate bonds, property and cash.