Legal & General has posted record operating profits for 2017 of £2.1bn, helped by strong external net inflows of £44bn into investment arm LGIM.
In its full-year results today, the firm said pre-tax profits had risen 32% from £1.58bn in 2016 to £2.09bn in 2017. Operating profits also jumped 32% from £1.56bn to £2.055bn. Assets under management...
Months of negotiations
PARTNER INSIGHT: Ian Lance and Nick Purves, managers of the TM RWC UK Equity Income Fund, analyse the tug of war between value and growth that is being observed in markets today and why the future for value investing looks bright.
PARTNER INSIGHT: Ian Lance and Nick Purves, portfolio manager of the TM RWC UK Equity Income Fund, discuss the opportunity shift from growth to value after ten years of underperformance.
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Increased by ten percentage points