RCM awarded two mandates totalling over £250m
. Sun Life Financial of Canada appoints RCM to run two Global High Alpha mandates
RCM, the specialist global equity company within Allianz Global Investors, has been appointed by Sun Life Financial of Canada to run two Global High Alpha mandates totaling £256.6 million. The mandates will be managed by RCM's Global Equity team in London, which is led by Lucy MacDonald, Chief Investment Officer for Global Equities.
Roger Miners, Head of Institutional Business Development & Client Service, RCM, comments:
“We are delighted to have been appointed by Sun Life Financial of Canada to run two Global Equity High Alpha mandates. This win provides further recognition of our industry leading global equity capabilities. We now have more than £5.9 billion in Global Equity assets1 and the depth of our global fundamental research platform and our Grassroots® Research network, all help RCM provide superior long-term performance to our Global Equity clients.”
RCM’s Global Equity strategy comprises of an integrated portfolio of what we believe are the best stocks in the world, selected on a bottom-up basis. At RCM research and portfolio management are separate but equally ranking career paths, with research analysts organised by sector on a global basis. This reflects the belief that in the global economy investment opportunities do not stop at national borders. RCM’s global research platform works in tandem with its proprietary Grassroots® Network who apply innovative market research techniques to identify stock- and sector-specific trends. Using sophisticated proprietary tools, analyst recommendations are communicated in real-time to fund managers who are responsible for portfolio construction.
Since its pioneering launch 5 years ago, RCM’s Global High Alpha strategy has been one of RCM’s most successful product in terms of performance, assets raised and consultant recognition. The appointment by Sun Life Financial of Canada is further indication of the steady and sustained growth in assets, with RCM’s Global equity assets rising from AUM of £3.0bn as at 31 December 2006 to £5.9bn as at 3 June 2008.
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Notes to Editors:
1 – Source: RCM (UK) Ltd as at 03.06.08
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The information contained herein including any expression of opinion is for information purposes only and is given on the understanding that it is not a recommendation and anyone who acts on it, or changes their opinion thereon, does so entirely at their own risk. The opinions expressed are based on information which we believe to be accurate and reliable, however, these opinions may change without notice.
Issued by RCM (UK) Ltd. Registered office: 155 Bishopsgate, London, EC2M 3AD. Telephone +44 (0) 20 7859 9000. Registered in England No. 2014586. Member of Allianz SE. RCM (UK) Ltd. is authorised and regulated by the Financial Services Authority (“FSA”). The FSA’s address is 25 The North Colonnade, Canary Wharf, London, E14 5HS. FSA Registration: 122219.
