L&G

Former Legal & General chief executive Tim Breedon is set to join the board of Barclays as a non-executive director.

Fixed income managers have expressed concerns a new bubble may be forming in higher-rated corporate bonds as investors pile into the asset class.

Mark Zinkula, the chief executive of Legal & General Investment Management (LGIM), has become group executive director of Legal & General (L&G).

LGIM's HODGES

Richard Black is avoiding ‘usual suspect' stocks Aviva and Tesco in his L&G UK Equity Income fund over fears their strategies are wrong in the current environment.

ON EUROPE

A variety of asset classes and investment strategies feature in the list of funds with the largest outflows in the first half of the year.

THE BIG QUESTION

Legal & General (L&G) has named group chief financial officer Nigel Wilson as its new chief executive, replacing the outgoing Tim Breedon, who departs from the role next month.

LGIM's European fund manager Gavin Launder has been promoted to head of European equities at the group.