Richard Marwood, senior fund manager at Royal London Asset Management, comments on the news on Greene King’s takeover:
“This bid shows that UK assets are not a no-go zone for foreign companies. This is another example of an overseas buyer showing an interest in a UK company which is a positive signal during what remains an unprecedented time in the UK’s economy.”
RLAM holds 2.79% circa. £48.7m
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 £130 billion of assets and employs 98 investment professionals as at end March 2019. It invests in all major asset classes including UK and overseas equities, government bonds, investment grade and high yield corporate bonds, property and cash.
For professional clients only, not suitable for retail investors.
Issued July 2019 by Royal London Asset Management Limited, registered in England and Wales number 2244297; authorised and regulated by the Financial Conduct Authority. Registered Office: 55 Gracechurch Street, London, EC3V 0RL.
For press releases about RLAM please click here.