Insurance, pensions and tracker pioneer
Legal & General Group is a leading provider of individual life assurance products, a global asset manager and one of the pioneers of low-cost tracker funds.
It also has significant business in managing retirement risk for pension schemes, both in the UK and US. Alongside its main UK business, and has operations in the US, France, the Netherlands and Germany.
Among its brands is Legal & General Investment Management, one of the world's leading investment management firms with £983.3bn AUM (as of 31 December 2017).
Plans to double ETF range
Targeting cautious investors
PARTNER INSIGHT: Since index funds were opened up to smaller investors in the 1990s, they have proved enduringly popular, with investors embracing the ability to track the market at relatively low cost.
Unclear on job moves
Met all post-Brexit redemption requests
The UK economy has provided a relatively supportive backdrop for the consumer over the past year, who have benefitted from jobs growth, cheaper oil, and a near-zero inflationary environment.
Stronger retail showing
Writes to FTSE-350 companies
Legal & General Investment Management(LGIM) is launching a range of three multi-index income funds to meet growing demand for these kinds of vehicles.
Charges cut on seven-strong range
Acquisition of in-house asset manager
‘There is more to LGIM than just index funds’
The full impact of downward pressure on FTSE stocks is still yet to be felt, says L&GI's Richard Penny, as he highlights the stocks which can buck the bad news.
Legal & General (L&G) has secured a £2.5bn bulk annuity deal with the TRW pension scheme, taking total annuity transactions to £8.3bn year to date.
Coups and crisis: Can nothing dent confidence in Asia?
Platforms are racing to update their conversion programmes as advisers complain about hefty charges when switching clients into clean share classes.
THE BIG QUESTION
Richard Buxton and Philip Matthews have both slipped into the bottom quartile of the UK All Companies sector on a six-month view following their moves to Old Mutual and Schroders respectively.
Multi-managers are continuing to turn to commercial property as they seek to combine capital growth with new income streams.
Multi-asset managers have begun to add exposure to emerging market debt (EMD) after yields on dollar-denominated debt rose above those on junk bonds for the first time since 2005.