05 September 2017

RLAM signs up to LGPS transparency code

3 min read

 
Tom Johnson, Press Officer

Tom Johnson

Press Officer

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Royal London Asset Management (RLAM) announces today that it has signed up to a new voluntary transparency code to help Local Government Pension Schemes (LGPS) have better visibility on investment costs.

The code was launched in May this year by the LGPS Scheme Advisory Board (SAB), to enable funds to get necessary data in a standardised format.

Andrew Carter, Chief Executive Officer at Royal London Asset Management, commented:

We have invested for Local Government Pensions Schemes since 1991 and are pleased to be able to provide them with more information to base their investment decisions on.

RLAM manages in excess of £3.6bn on behalf of 50 local authorities, including 14 LGPS funds and 36 local authority treasury clients (as at 31 August 2017). For local authority pension funds, RLAM offers a suite of solutions for schemes looking for capital growth, or for a way to meet their future liabilities. RLAM also manages a range of cash and short dated bond funds for councils’ treasury assets, helping to meet their security and liquidity objectives.

-ENDS-

For further information please contact:

Tom Johnson, Press Officer

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 £114 billion of assets and employs 92 investment professionals as at December 2018. 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 February 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.