With £5bn across L&G's distribution range, North is long on equities, high yield and property, and short on bonds
Legal & General's range of Distribution investment and portfolio bonds with set underlying asset allocations reached £5bn in assets under management last month. David North, associate director of bonds and lead portfolio manager of the Distribution range at L&G, is responsible for the asset allocation decisions made for the three Bond offerings in the range, as well as the Distribution unit trust and the linked pension vehicle. The biggest component of the Distribution funds range is the Linked Life Distribution (LLD) Bond fund, which stood at £4.3bn in size at the end of July this year....
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