AJ Bell secures exclusivity for Cofunds deal talks
AJ Bell has secured a period of bidding exclusivity for Cofunds’ retail arm, according to reports.
Legal & General
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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.
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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.
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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.
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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.
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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.
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LGI appoints UBS director in DFM sales push
LGI poaches UBS sales director to grow its discretionary presence
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Fidelity takes CFS spoon off Widows
Chelsea’s latest RedZone list saw Fidelity stand out with eight underperforming products listed.
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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.
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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.
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LGIM new global head of solutions
Aaron Meder, head of US pension solutions for Legal & General Investment Management America (LGIMA), has been promoted to global head of solutions group, while the existing global head Kerrigan Procter has transitioned to managing director annuities.
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pa analysis life company sales forces
Distribution post-RDR may see life companies getting back into the investment game, building up their own substantial sales forces of restricted advisers.
