Asset Management

Royal London equities head quits to set up new firm with colleagues

RLAM forced to reshuffle global equities team after Peter Rutter and group of employees quit

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Rutter takes ‘a number of staff’ for RLAM breakaway Photo: Mike Kemp/Getty Images

Royal London Asset Management’s head of equities and several colleagues have quit to set up a new venture — the latest high-profile fund managers to strike out on their own.

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Asset Management

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RLAM said it had overhauled its global equities team with immediate effect, following the resignation of Peter Rutter.

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