Royal London Asset Management
Royal London UK Mid Cap Growth Fund
UK Mid-cap Growth
Dec 2024 → Dec 2025
Our archive holds 3 letters from this strategy, behind 3 investment theses and positions in 11 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in 2 years · follow all of Royal London Asset Management for every strategy.
What it bought and sold
Holdings in JTC and Telecom Plus were reduced, while holdings in WH Smith and Hilton Foods were both sold.
New holdings were initiated in Tate & Lyle, Shawbrook and Mitchells & Butlers.
New holdings were initiated in Tate & Lyle, Shawbrook and Mitchells & Butlers.
As described above, Telecom Plus results were complex but also disappointing on a number of underlying key performance indicators (KPIs), so the position was significantly reduced.
Holdings in JTC and Telecom Plus were reduced, while holdings in WH Smith and Hilton Foods were both sold.
New holdings were initiated in Tate & Lyle, Shawbrook and Mitchells & Butlers.
Holdings in JTC and Telecom Plus were reduced, while holdings in WH Smith and Hilton Foods were both sold.
Also held
Its investment theses
- Future plcMar 2025Future is a media group focused on specialist content with a strong US audience, engaging in a Growth Acceleration Strategy, and potentially benefitting shareholders through buybacks, dividends, and earnings growth.
- Hollywood BowlMar 2025Hollywood Bowl is the largest ten-pin bowling operator in the UK and Canada, with a strong growth ambition, attractive capital returns, and a compelling value proposition that has led to significant shareholder returns since 2016.
- Future plcDec 2024Future is a media publisher with strong financials pursuing a Growth Acceleration Strategy to enhance audience reach and earnings through strategic investments.