LGIM

THREE OPTIONS FOR THE GREEKS

Legal & General Investment Management (LGIM) has grown its assets 8% in the first quarter after achieving gross new business of £11bn.

Legal & General Investment Management (LGIM) is mulling the launch of a balanced managed fund later this year to fill a gap in its product range.

Legal & General Investment Management's (LGIM) has today launched its UK Equity Income fund, the first offering to be run by former analyst Richard Black.

ON UK GROWTH

Strategic bond managers are adopting a defensive stance on their portfolios, cutting duration and selling down risk assets on fears over the global economy.

LGIM's Richard Hodges believes the Bank of England's Monetary Policy Committee (MPC) would be "lunatics" to raise interest rates in May as it will put the UK at risk of a double-dip recession.

Legal & General Investment Management has named Mark Zinkula as the group's new chief executive.

ON BONDS

Legal & General Investment Managers has launched an emerging markets tracker fund for Robert Dowling.