Royal London Asset Management (RLAM) has added four key figures to its equity team as part of its strategy to strengthen high-conviction investment capabilities.
Richard Saldanha, Francois de Bruin and Matt Kirby have joined the team to manage its equity funds, while Mike Fox has been promoted to head of equities, effective immediately.
Richard Saldanha steps into the role of lead manager for the Royal London Global Equity Income Fund and will also be a manager for the Global Equity Select Fund. He has joined from Aviva Investors, where he spent 18 years, most recently overseeing £1.5 billion in assets as a global equity fund manager. Francois de Bruin will serve as lead manager for the Global Equity Select Fund, while Matt Kirby joined Richard on the Global Equity Income Fund.
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Mike Fox’s appointment as head of equities positions him to continue his leadership of Royal London Asset Management’s sustainable investment funds, supported by the firm’s sustainable investment team, its responsible investment division, and an external advisory committee.
There will be no change to the differentiated, repeatable and proven investment approach which underpins Royal London Asset Management’s equity capabilities, and the funds continue to be managed in line with their objectives.
Commenting, Royal London Asset Management’s chief investment officer Piers Hillier said: “With his proven track record of leadership and mentoring, Mike was the natural choice to head up the Equity Team in the next stage of its development. Mike has built our sustainable investment funds into a world-class investment proposition over the past 20 years and has delivered consistent investment returns for clients. The equity team comprises over 30 fund managers, analysts, and quant specialists, offering our clients a best-in-class solution, and I look forward to seeing it go from strength to strength under Mike’s leadership.”
