Royal London Asset Management
Royal London AM Equity Funds
Jul 2026 → Jul 2026
Our archive holds 1 letter from this strategy and positions in 22 companies. Every quote below is copied verbatim from the letter it came from.
1 letter in a year — follow all of Royal London Asset Management for every strategy.
What it bought and sold
Key activity over the month involved responding to takeover bids, reducing holdings Rotork and Segro.
- New positionShaftesburyJul 2026
The proceeds were partially reinvested into a new holding in Compass Group, the world’s largest contract caterer, and Shaftesbury where we view the shares as undervalued for the quality of its West End property portfolio.
- TrimmedSainsburyJul 2026
The main activity in the month was to exit the positions in WH Smith and DCC (into a takeover bid), reduce the holding in Sainsbury and start new holdings in Pollen Street and Mondi.
- ExitedWH SmithJul 2026
The main activity in the month was to exit the positions in WH Smith and DCC (into a takeover bid), reduce the holding in Sainsbury and start new holdings in Pollen Street and Mondi.
- New positionVolexJul 2026
The proceeds were partly reinvested into a new holding in Volex, a specialist manufacturer of interconnect and power products where we see a long runway for growth in areas such as electric vehicles and data centres.
- AddedSSP GroupJul 2026
We increased existing holdings in SSP Group, Elementis, Helios Towers and Genus.
We also sold the position in DCC after an improved offer and exited our holding in Bunzl having staged a strong recovery in the year to date.
Key activity over the month involved responding to takeover bids, reducing holdings Rotork and Segro.
The proceeds were partially reinvested into a new holding in Compass Group, the world’s largest contract caterer, and Shaftesbury where we view the shares as undervalued for the quality of its West End property portfolio.
We increased existing holdings in SSP Group, Elementis, Helios Towers and Genus.
- New positionHikma PharmaceuticalsJul 2026
We also initiated holdings in the healthcare companies Hikma and Convatec.
- New positionRosebank IndustriesJul 2026
In activity, the fund started a position in Rosebank Industries, trimmed Rotork following the bid and sold Clarkson.
We increased existing holdings in SSP Group, Elementis, Helios Towers and Genus.
We also sold the position in DCC after an improved offer and exited our holding in Bunzl having staged a strong recovery in the year to date.
We increased existing holdings in SSP Group, Elementis, Helios Towers and Genus.
We also initiated holdings in the healthcare companies Hikma and Convatec.
- New positionPollen Street GroupJul 2026
The main activity in the month was to exit the positions in WH Smith and DCC (into a takeover bid), reduce the holding in Sainsbury and start new holdings in Pollen Street and Mondi.
In activity, the fund started a position in Rosebank Industries, trimmed Rotork following the bid and sold Clarkson.
The main activity in the month was to exit the positions in WH Smith and DCC (into a takeover bid), reduce the holding in Sainsbury and start new holdings in Pollen Street and Mondi.
Key activity over the month involved responding to takeover bids, exiting Mitie Group in full and reducing the position in Segro.