Churchlow and Launder to head up Ucits III products with high conviction approach to active equity management

Churchlow and Launder to head up Ucits III products with high conviction approach to active equity management

Legal & General Investment Management launched two new absolute return products last week, the UK Absolute and European Absolute funds. The UK Absolute vehicle will be run by the group’s Growth trust manager Robert Churchlow, while Gavin Launder will head up the European Absolute offering. Both Ucits III funds will be run in line with LGIM’s high conviction approach to active equity management, comprising the managers’ best 25 long or short ideas. Mark Burgess, the group’s head of active equities, says the new funds will benefit from the size and scale of LGIM equity operations – w...