L&G

Legal & General has said it is preparing to launch its RDR proposition on 19 November as it announces interim results for the first nine months of the year.

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.