L&G to overhaul Asian range

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L&G is overhauling its Asian fund range and rolling out several launches this year as it continues t...

L&G is overhauling its Asian fund range and rolling out several launches this year as it continues to build its presence in the active management space. Investment arm LGIM plans to roll out the focused investment approach used on UK Growth, UK Alpha and European to its three Asian funds – Japanese, Pacific Growth and Far Eastern. Its £228m Far Eastern fund, for example, has 181 holdings. This will be cut in line with its concentrated offerings in the UK and Europe. The Growth and European Trusts consists of 25 equally-weighted stocks while the UK Alpha vehicle is a concentrated portf...

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