Investment governance

Real governance needs to be transparent so you can see what action we've taken and why. This should give you and your clients peace of mind that we're looking after their investments.

View our easy to read summaries which detail the key outcomes or our full in-depth minutes from the Investment Advisory Committee (IAC) meetings held within the last year. 

The next meeting of the IAC is due to take place on 3 March 2016.

Details of previous IAC meetings can be found on the governance meeting updates archive.

1 December 2015 - Governance meeting update

Highlights:

  • Three minor tactical asset allocation changes made during the period – Continue to be overweight in equities, high yield bonds and conventional gilts. Neutral property and underweight in index linked gilts and corporate bonds.
  • Work is ongoing to review the strategic asset allocation and research whether additional asset classes could add value to the existing portfolios.
  • Markets witnessed large bouts of volatility, particularly during the China sell off at end of August. Recovery witnessed since then but volatility has remained high.
25 August 2015 - Governance meeting update

Highlights:

  • Tactical asset allocation change was made on 9th July strengthening the overweight in equities at the expense of corporate and index linked gilts. Property moved to neutral from an underweight position.
  • Use of Trevor Greetham's 'Investment Clock' underpinning tactical asset allocation decisions.
  • Investors witnessed a 'Black Monday' amidst significant volatility in August due mainly to poor economic data in China.
2 June 2015 - Governance meeting update

Highlights:

  • No change to overall tactical position with Governed Portfolios and Governed Retirement Income Portfolios.
  • RLAM have strengthened their multi asset capabilities – investigating how this could further improve the Governed Range.
  • Markets rewarded risk assets in the first quarter of 2015 however some uncertainty remains.
24 February 2015 - Governance meeting update

Highlights:

  • No change to overall tactical position with Governed Portfolios and Governed Retirement Income Portfolios.
  • Work continues to review our proposition in light of the budget changes.
  • Markets have been volatile particularly in Q4 2014.
Last updated: 15 Dec 2015

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit royallondon.com.

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London EC3V 0RL.