Royal London Asset Management has launched its Irish-domiciled US Equity Fund which is the latest addition to the range of funds managed by its global equity team.
The new fund will initially be available to UK investors, with Royal London Asset Management intending to register the fund in continental European and Asian markets "in due course".
Managed by Chris Parr, the fund expands investors’ access to Royal London Asset Management’s established US Equity strategy, which it said in a statement today (13 March) has consistently recorded market-leading risk-adjusted performance and has been regularly ranked in the top decile of performance within its peer group.
The fund seeks to provide a core US Equity solution for asset owners seeking above-market returns. Utilising the Royal London Asset Management Global Equity team’s longstanding and proven investment process, the fund invests in companies across the corporate life cycle to deliver a balanced portfolio with low style risk.
Royal London highlighted how the launch follows a sustained period of strong investment performance across the Royal London Global Equity team’s range of strategies, which have seen significant inflows from investors across the globe.
Parr, portfolio Manager of the Royal London US Equity Fund, said: “The US offers hugely attractive investment opportunities across a variety of sectors and business types. Our approach, which focuses on identifying and investing in companies across the corporate life
cycle, is ideally suited to this market, allowing us to deliver consistent outperformance with low style and factor risk.”
Rob Williams, chief distribution officer at Royal London Asset Management, said: “Investors are increasingly conscious of the merits of having a dedicated exposure to US equities to take advantage of the rapid developments and evolutions in this market. The launch of our Irish-domiciled fund reflects our continued commitment to deliver best-in-class solutions to meet our clients’ needs.
