Royal London AM limits access to Global Equity Select fund

Fund has £900m AUM

Royal London Asset Management has limited access to its Global Equity Select strategy, following a period of strong inflows and interest.

The decision was made to protect clients' best interests, RLAM said, and to ensure its portfolio managers can continue to "access all parts of the global equity market". Launched in October 2017, the fund holds £907m assets under management as of 13 September 2023, according to Morningstar data. Royal London operating profit rises 16% in H1 2023 The Global Equity Select strategy is part of RLAM's global equity range, which includes the Global Equity Diversified, Global Equity Income, Global Equity Transitions and Global Equity Enhanced funds, all of which remain open to existing an...