LGIM new business up

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Legal & General Investment Management saw a 25% annual increase in new business flows to 31 March, f...

Legal & General Investment Management saw a 25% annual increase in new business flows to 31 March, from £5.6bn to just over £7bn. Gross new funds for the group, including its retail investments grew 22%, year on year, to almost £7.5bn.Unit trusts and Isa new business was up 43% to £60m, compared to £42m last year, which the group calls "excellent" in the current climate.

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