LGIM's Van den Heiligenberg: Current narrative is 'very difficult to shock'

Q&A with Multi-Asset Target Return fund manager

Kathleen Gallagher talks to Legal & General Investment Management’s Emiel van den Heiligenberg about adding appropriate risk.

‘Reckless prudence' is leading absolute return funds to disappoint clients because they are not taking enough risk, according to Emiel van den Heiligenberg, head of the asset allocation at the Legal & General Investment Management. Heiligenberg, who leads the team that runs the £557m Legal & General Multi-Asset Target Return fund spoke to Investment Week about the current market and how he is adding appropriate risk into the fund.    Inflation is clearly a discussion point for many people at the moment. What is your view on inflation and how are you positioning your fund? People...