Royal London Asset Management
Royal London AM UK Growth Trust
UK Large-cap Growth
Jun 2026 → Jun 2026
Our archive holds 1 letter from this strategy and positions in 17 companies. Every quote below is copied verbatim from the letter it came from.
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What it bought and sold
The main activity during the quarter involved reducing our position in London Stock Exchange Group with the shares having recovered in recent months, partly owing to its market assets that have benefitted from recent volatility.
Some of this was reinvested into new positions in attractive industrial companies, including Weir Group, Vesuvius and RS Group.
The proceeds have been used to initiate a new position in Rightmove, with the shares having been weak given concerns that AI could challenge the UK’s dominant property portal.
We also exited our holding in Computacenter in full, with the shares having performed very strongly over the past 12 months in light of significant data centre spending from its two major customers.
We also added a new position in Anglo American to gain exposure to copper given its role in long-term secular themes such as electrification.
Some of this was reinvested into new positions in attractive industrial companies, including Weir Group, Vesuvius and RS Group.
Some of this was reinvested into new positions in attractive industrial companies, including Weir Group, Vesuvius and RS Group.