LGIM gets go ahead for European base in Dublin

Authorisation from the Irish regulator

Beth Brearley
clock
LGIM to make Dublin European centre
Image:

LGIM to make Dublin European centre

Legal & General Investment Management's (LGIM) Dublin arm, LGIM Managers (Europe) has been authorised by the Irish regulator, the Central Bank of Ireland (CBI), furthering the firm's ambitions to make Dublin its new European centre.

LGIM  announced plans in May 2017 to set up a management company in the Republic of Ireland to manage its EU-domiciled UCITS and Alternative Investment Funds (AIFs), also known as a Super Manco. The funds under the Super Manco include index, active equity, bonds, multi-asset, LDI and money markets strategies. The firm said it is safeguarding against the outcome of the Brexit negotiations, whatever they may be, by ensuring the new management company implements the necessary governance ahead of the UK leaving the EU. The Irish business will leverage LGIM's operations across the UK, the ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot