LGIM launches income share class for Target Return fund
Quarterly distribution
LGIM's James Crossley
Legal & General Investment Management (LGIM) has launched a sterling income share class for the L&G Multi-Asset Target Return fund in response to client demand for regular income.
LGIM said it is seeing increased demand from investors for products offering a regular cash flow, namely in the retirement market, and hopes the fund will become "a core holding". Launched in 2015,...
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