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Royal London’s funds arm launches global equity team

£101 billion fund manager plucks team from £5.1 billion investment boutique for sector expertise

Piers Hillier, chief investment officer, Royal London Asset Management
Piers Hillier, chief investment officer, Royal London Asset Management

Royal London Asset Management has announced its intention to start managing global equity funds – by onboarding a trio of specialists from fund boutique Waverton Investment Management.

RLAM, the asset management arm of the mutual insurance group, confirmed in a statement on January 10, that it had hired Peter Rutter, James Clarke and William Kenney from the £5.1 billion investment house.

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