LGIM

Legal & General Investment Management (LGIM) posted a 32% increase in IFRS operating profit during the first half of 2010, with the group recording gross new business of £21.2bn.

Goldman Sachs' Jim Cielinski is to join Threadneedle as the head of fixed income in the latest of a series of high profile appointments for the group.

The UK economy faces a one in three chance of falling back into recession by 2012, Legal & General Investment Management (LGIM)'s economist has warned.

Legal & General Investment Management's Mark Burgess has joined Threadneedle as chief investment officer.

Fidelity and LGIM, both large shareholders in Prudential, are among a number of asset managers set for showdown talks with the insurer's directors next week.

Legal & General's (L&G) investment arm increased inflows by over 50% in Q1, helped by recovering markets says the company.

Legal & General Investments economist Tim Drayson believes US growth remains fragile and its fiscal position unsustainable due to a gaping budget deficit.

L&G Investments sales director Ben Waterhouse is joining Fidelity as head of UK wholesale sales.

The CEO of Legal & General Investment Management has announced he is stepping down after five years in the role.

OPM Fund Management has made a slew of fund changes in the past month, with Investec Asset Management among the main beneficiaries.