Royal London Asset Management (RLAM) announces the recent appointment of Phil Davey as relationship manager for London discretionary sales.
Reporting to Phil Reid, RLAM’s head of wholesale, Phil Davey will focus on the London discretionary market, working closely with existing relationships while developing new ones. He will cover both RLAM’s fixed income business and the more recently expanded global equities offering.
Phil Reid joined in 2016 from HSBC global asset management, where he was head of wholesale. At RLAM, he has a mandate to grow the wholesale business and since his appointment, the team has expanded in headcount from four to 11.
Phil Davey joins RLAM from a three year career at JP Morgan Asset Management where he was a relationship manager for the London and Channel Islands markets. Prior to this, he worked at Threadneedle Investments for three years, following two years in the London discretionary team at Amundi Asset Management.
Phil Reid, head of wholesale, commented:
“I am delighted to welcome Phil to RLAM; his wealth of experience makes him a great fit for the team as we continue to build our wholesale proposition. RLAM is a growing business with £114 billion of assets under management.
“Phil joins us at an exciting time; our net fund flows remain robust despite challenging market conditions and investor appetite for new products and initiatives continue to evolve around fixed income and equity funds.”
Commenting on his appointment, Phil Davey said:
“I am thrilled to be joining RLAM at this pivotal time in its growth and look forward to helping grow the business further in the important London discretionary market.”
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.
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