LGIM

Successor for Toutounchi as he retires after 20 years

Investors urged to look beyond simple price comparisons

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.

L&G Investment Management (LGIM) has promoted Andrzej Pioch to co-fund manager on the multi-index fund range run by Justin Onuekwusi.

Legal & General Investment Management (LGIM) UK Equity Income manager Richard Black is to leave the group after seven years at the company.

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.

LGIM multi-asset fund manager Justin Onuekwusi has upped his cash weightings to their highest ever levels, on fears that tighter US monetary policy will prompt greater market volatility.

Legal & General Investment Management(LGIM) has appointed Omar Saeed as lead manager of its flagship Dynamic Bond Trust, nine months after the departure of Richard Hodges.

Legal & General Investment Management is changing the way charges are applied to its retail funds, moving to a single fund management fee (FMF) to avoid "confusion" over multiple figures.

Legal & General Investment Management chief executive Mark Zinkula has said some asset managers have been left behind the curve in the face of the numerous pressures being exerted the funds industry.