HSBC now servicing assets for Royal London Asset Management in Ireland
17 September 2026 UK
Image: tilialucida/stock.adobe.com
HSBC reports it is now live as the new custodian, depositary, and fund administrator for Royal London Asset Management’s two Ireland-domiciled fund umbrella structures.
The two structures are Royal London Asset Management Funds Plc and Royal London Asset Management Investment Funds ICAV, which the bank reports have combined assets of approximately £21 billion.
Davina Goodall-Smith, chief operating officer, at Royal London Asset Management, says: “The successful transition of our Irish fund range to HSBC represents an important milestone for Royal London Asset Management.”
Goodall-Smith furthers: “We look forward to building on our longstanding relationship as we continue to develop an innovative, scalable, and resilient operating platform that supports our long-term growth ambitions.”
Tony McDonnell, head of Securities Services, EMEA and US, at HSBC, adds: “It’s a true testament to our dedicated teams that we are able to deliver scalable Securities Services solutions to support Royal London Asset Management’s long-term growth ambitions.”
The two structures are Royal London Asset Management Funds Plc and Royal London Asset Management Investment Funds ICAV, which the bank reports have combined assets of approximately £21 billion.
Davina Goodall-Smith, chief operating officer, at Royal London Asset Management, says: “The successful transition of our Irish fund range to HSBC represents an important milestone for Royal London Asset Management.”
Goodall-Smith furthers: “We look forward to building on our longstanding relationship as we continue to develop an innovative, scalable, and resilient operating platform that supports our long-term growth ambitions.”
Tony McDonnell, head of Securities Services, EMEA and US, at HSBC, adds: “It’s a true testament to our dedicated teams that we are able to deliver scalable Securities Services solutions to support Royal London Asset Management’s long-term growth ambitions.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
