LGIM’s profits slip despite AUM climb
Legal & General Investment Management’s profit slipped by a marginal 3% to £171m in the first half of the year versus the same period in 2015.
Legal & General
-
-
PA Expert Insight:There are other European considerations than Brexit
To paraphrase a sporting aphorism: ‘Brexit is temporary, currency is permanent’ so while the hot debate rages on the relative strength of the euro is a consideration that will not go away. Yet…
-
AJ Bell secures exclusivity for Cofunds deal talks
AJ Bell has secured a period of bidding exclusivity for Cofunds’ retail arm, according to reports.
-
Woodford tops August sales chart as trackers surge
Market volatility is prompting investors to favour a familiar name as CF Woodford Equity Income topped The Share Centre sales chart for the third month running.
-
LGIM reinforces global fixed income roster
Legal & General Investment Management has bolstered its global fixed income team with the recruitment of a senior portfolio manager.
-
LGIM launches multiasset retirement fund
Legal & General Investment Management has announced the launch of a new multi-asset fund aimed at seeing clients to and through retirement.
-
Strategic bond guru Hodges quits LandG
Legal & General Investment Managements Richard Hodges, manager of its £2bn Dynamic Bond Trust and head of high alpha fixed income, is to leave the firm in October.
-
A Cold War Macro outlook
As the Ukraine crisis undermines immediate growth prospects for Russia, it should have more muted implications elsewhere in the world, unless oil prices spike upwards.
-
LGI appoints UBS director in DFM sales push
LGI poaches UBS sales director to grow its discretionary presence
-
Fidelity takes CFS spoon off Widows
Chelsea’s latest RedZone list saw Fidelity stand out with eight underperforming products listed.
-
LandG dumps head structured products
Legal & General Investment’s head of structured solutions has paid the price for poor sales and been made redundant after 15 years with the firm.
-
LandG and Swip on UK tracker sinner list
Halifax, Legal & General, Swip and Virgin are among those under fire for fielding high cost UK trackers, which can sting investors for up to ten times more than the lowest-priced funds.