LGIM posts strong growth in H1 2013
Legal and General Investment Management (LGIM) net flows increased 100% year-on-year in H1 2013 to £8bn.
Legal and General Investment Management (LGIM) net flows increased 100% year-on-year in H1 2013 to £8bn.
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A trio of executive directors at L&G Group have been awarded 21.4% pay rises in line with their new roles in what the firm termed a “smaller, closely aligned executive team”.
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Legal and General is undergoing a restructure which will see its unit and trust business become a part of Legal and General Investment Management (LGIM) and its annuities business spun out as a separate division.
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Nick Prettejohn, director at Legal & General, is resigning from his position following his appointment to the board of the Prudential Regulation Authority (PRA).
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Legal & General Investment Management has appointed BNP Paribas' Emiel van den Heiligenberg as head of asset allocation.
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Chris Last is to replace Martin Davis at the helm of Cofunds following the completion of the acquisition of the fund platform by Legal & General.
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Legal and General has launched the L&G Early Bonus Plan 13, a structured product linked to the FTSE 100 which has two potential bonus options.
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Barclays and Legal & General have joined forces to launch the Defined Return Plan 1, the first in a series of collaborative investment products to be released by the two firms.
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Legal and General (L&G) has acquired the remaining 75% share of Cofunds in a deal worth £131m.
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L&G has promoted Wadham Downing to group M&A and strategy director in a bid to “accelerate its evolution” through bolt on acquisitions.
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L&G has released details of a ‘financial consultancy proposition’, which has seen more than 150 of its employees deployed to building societies around the country as an advisory ‘sales force’ targeting the mass market.
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The most important factor for investors when it comes to choosing where to put their money is how comfortable they feel with the provider, according to research from Legal & General.
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