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.
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.
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 poaches UBS sales director to grow its discretionary presence
Chelsea’s latest RedZone list saw Fidelity stand out with eight underperforming products listed.
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.
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.
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.
Distribution post-RDR may see life companies getting back into the investment game, building up their own substantial sales forces of restricted advisers.
Lance Phillips has left Standard Life Inevstments and is to take up a new role as head of active equities at LGIM early next year.
Legal & General has revealed details of how it will treat payments to advisers on both new and current business.
Legal & General has added two new structured products to its range, one with capital protection, both dependent on the FTSE 100 index.
Legal & General Investments’ latest research shows equities will continue to dominate IFAs’ asset allocation over the coming 12 months.