Royal London AM Limits Access To Global Equity Select Fund

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 and new investors.

As part of the access limitation process, the issuance of shares in the Global Equity Select fund has also been closed, meaning existing and new investors will not be able to purchase any shares in the strategy. The limitation will apply to all share classes, RLAM said.

Rob Williams, chief distribution officer at Royal London Asset Management, said: "This decision reflects our continued commitment to deliver the best outcomes for our clients.

"We have seen extremely strong interest in the Global Equity Select strategy, with capacity levels now reaching a point where we believe it is in the best interest of investors to exercise controls to ensure our investment team can continue to invest in best-of-breed companies that can deliver attractive long-term outperformance."

RLAM's Jonathan Platt steps down from £1bn corporate bond fund

According to data from FE fundinfo, the fund has been significantly and consistently outperforming its sector - the IA Global - over the last five years. Some of the strategy's largest holdings include Microsoft (8%), Amazon (5.4%), Apple (4%) and Visa (3.6%).

RECENT NEWS

Gyrostat Capital Management: The Hidden Architecture Of Consequences

When Structures Themselves Become A Risk In portfolio construction, risk is rarely where we look for it.... Read more

Gyrostat November Outlook: The Rising Cost Of Doing Nothing

Through the second half of 2025, markets have delivered a curious mix of surface tranquillity and instabi... Read more

Gyrostat Capital Management: Blending Managers - From Style Diversification To Scenario Diversification

The Limits of Traditional Diversification For decades, portfolio construction has ... Read more

Gyrostat October Outlook: Beneath The Calm, The Cost Of Protection Rises

 Even as global equity indices remain near record highs, the pricing of risk is shifting quietly ben... Read more

Gyrostat Capital Management: Solving The Nastiest Problem In Finance

Retirement Income and Sequencing Risk Executive Summary ... Read more