Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalThe Royal London Mutual Insurance Society Limited, along with its subsidiaries, is the largest mutual insurer in the United Kingdom, with Group funds under management of over £150 billion. Group businesses provide around nine million policies and employ 4046 people, as of June 2019.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalRLAM has no exposure to Russian companies in their active funds, including the active funds they manage for RLUM, such as global equities, sterling credit, and sustainable funds. Total Russian exposure accounts for less than 0.1% of RLAM’s total assets under management and once Russian markets re-open, they will look to sell all remaining exposure if, and when possible.
Intend to fully divest Russian assets "as soon as we can".
February 24, 2022 | Ukraine crisis underlines benefits of broad diversification, commodity exposure |
RLUM ISA overview |