Saturday, 23 August 2014
Last updated 13 hours ago
Jul 22 2013 | 1:42pm ET
Royal London Asset Management is prepping three, short-duration fixed-income funds, including a short-duration gilt fund for government bonds head Paul Rayner.
Craig Inches will run a short duration index-linked fund and Sajiv Vaid will run a short duration credit fund.
A spokesperson for RLAM told FT Adviser: “We don’t expect interest rates to rise for some time, and when they do, these sorts of products will offer some protection against that.”
The offerings follow the launch of Azhar Hussain’s Short Duration Global High Yield Bond fund in Q1.
Established in 1988 and based in the City of London, RLAM had assets under management of £50 billion as of June 30, 2013. RLAM is wholly owned by the Royal London Group.
Aug 4 2014 | 7:42am ET
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The Alpha Pages Editor's Note