Royal London

GERMAN ELECTION

BIG QUESTION

ON UK INCOME

BIQ QUESTION

Martin Cholwill is backing 'British leaders' in the mid-cap space, especially in the industrials sector, in his £500m Royal London UK Equity Income fund.

European fund managers have rotated out of blue-chip defensives in favour of more economically sensitive cyclical stocks as they call the end of the sovereign debt crisis.

THE BIQ QUESTION

Royal London Asset Management is to extend its fixed income capabilities with the launch of three short duration funds for Paul Rayner, Craig Inches and Sajiv Vaid, Investment Week can reveal.

Fund managers have voiced concerns ETF trading is increasingly driving the direction of the wider market and exacerbating recent slumps, raising questions over the use of the products in less liquid securities.

Members of life and pensions mutual Royal London have agreed to proposals to acquire the life insurance and asset management businesses of the Co-operative Banking Group.