LGIM AUM breaks £1trn mark but index business suffers outflows in 2018

Total net inflows of £42.6bn

Anna Fedorova
Nigel Wilson, Legal & General group chief executive

Nigel Wilson, Legal & General group chief executive

Legal & General Investment Management (LGIM) has managed to grow its assets under management beyond the £1trn mark in 2018, but the index funds offering suffered £14.8bn of net external outflows over the period.

The group's attracted external net flows of £42.6bn last year, although these were slightly below last year's figure of £43.5bn. This helped total assets grow by 3% from £983bn to £1.015trn. The largest...

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


More on UK

Prime Minister Boris Johnson with Chancellor of the Exchequer Rishi Sunak. Picture by Andrew Parsons / No 10 Downing Street

Government taps oil and gas profits to help pay for fresh £15bn energy bills support

U-turn will see oil and gas firms to help pay additional 25 per cent windfall tax on profits to help pay for fresh measures to support households with soaring energy bills

Michael Holder
clock 26 May 2022 • 7 min read
Luke Hickmore, investment director fixed income, abrdn

Jubilee economics - how does 1952 compare to 2022?

Some similarities

Luke Hickmore
clock 24 May 2022 • 4 min read
A deep dive into UK equities

Deep Dive: Divisive and challenging UK equities

'Bleak' outlook

clock 23 May 2022 • 5 min read