Investment Oversight: Overseeing and Managing Funded Assets
Hanging Out in RLAM's Private Markets: A Mid-Sized Approach, Not a Monster
RLAM's Head of Private Markets spills the beans on their strategy, taking a more personal and straightforward approach to transforming UK investments.
David RickettsWednesday 30 April 2025 at 19:00
With London as its base, RLAM is taking a long-term, strategic stance in the private markets, aiming to revitalize the UK in the face of post-Brexit challenges. According to Chief Investment Officer, Piers Hillier, the focus is on backing domestic opportunities in a smart, thoughtful manner. Despite a drop in inward investment post-Brexit, Hillier steers clear of the doomsday prophecies, focusing on carefully chosen opportunities instead.
The firm's strategy revolves around balancing local investment with diversification. They incorporate inflation hedges like commodities and active tactical asset allocation to navigate geopolitical uncertainties, as mentioned in their "Spikeflation" analysis.
RLAM separates itself from the global giants in the game. With an £11bn sustainable fund range and a corporate bond fund at £1.6bn AUM, the firm adopts a more specialist, mid-sized approach. This contrasts with the big players that spread their capital across diverse geographies.
When it comes to liquidity management, RLAM's corporate bond fund may face concerns due to size, as noted by AJ Bell. However, larger firms often grapple with similar liquidity issues but mitigate them through extensive distribution networks and hybrid vehicles.
In terms of ESG integration, RLAM's SDR-aligned sustainable range underscores a thematic focus, much like peers, but with a distinctly British twist. Other competitors typically rely on their global scale and multi-jurisdictional strategies, while RLAM maintains a "back Britain" ethos amid shifting economic landscapes, such as deglobalization.
Back to the Base: Focusing on the Home Turf
Rising from the challenges of post-Brexit, RLAM remains committed to investing in the UK, taking a strategic, yet informed approach to transform the domestic market
[1] By emphasizing local opportunities, RLAM aims to capitalize on changing economic landscapes like deglobalization, using its London-based presence to navigate post-Brexit challenges.
[2] The firm's strategic moves are designed to navigate post-Brexit challenges, with a focus on domestic opportunities and diversification to manage uncertainties.
[3] Balancing domestic investments with inflation hedges like commodities and active tactical asset allocation helps the firm manage geopolitical uncertainties.
[4] RLAM's £11bn sustainable fund range and thematic focus resonate with peers, while maintaining a strong emphasis on UK-centric opportunities.
[5] Larger competitors often grapple with similar liquidity issues but address them through distribution networks and hybrid vehicles, whereas AJ Bell cited RLAM's corporate bond fund size as a potential concern.
In a mid-sized approach, RLAM, based in London, is focused on domestic opportunities within the UK market post-Brexit, aiming to capitalize on changing economic landscapes like deglobalization.
[2] The firm's strategic moves incorporate balancing local investment with diversification and inflation hedges, helping to navigate geopolitical uncertainties.
[3] By 2025, RLAM will maintain a strong emphasis on UK-centric opportunities, as shown in their £11bn sustainable fund range and thematic focus.
[4] Larger competitors may face similar liquidity issues, but they often address these concerns through extensive distribution networks and hybrid vehicles.
