Legal & General

Prior roles at LGIM and SLI

Lack of regulatory clarification

New platform to launch in 2016

Focus on fund group relationships

Charles Stanley has added passive funds to its Foundation Fundlist of preferred vehicles for the first time, following a shakeup of the firm's research capabilities.

Legal & General Investment Management (LGIM) has seen a 12% jump in assets under management, boosted by the expansion of its international business in the first half of the year, despite a fall in advisory assets.

Simon Hynes is to re-join the industry as head of UK retail sales at Legal and General Investment Management, a year after he left Jupiter.

Legal & General is understood to be considering a sale of its Cofunds platform, just over two years after it sealed a deal to take full ownership.

Lloyds Banking Group has boosted the FTSE 100 this morning but politically-sensitive sectors have begun to feel the bite of election season.

Several of the UK's major asset managers are falling short on stewardship and responsible investment practice, according to NGO ShareAction.