fixed income and trackers drive lgim
Legal & General Investment Management saw net new business more than halve in 2011 to £3bn from £6.6bn a year earlier, even as assets under management grew 5% under its plans to expand globally.
LGIM
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us and europe divergence will fade this year
Tim Drayson argues that the divergence in the European and US business cycles, that traditionally follow each other closely, will fade as we get closer to 2013.
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lgim pairs with source to launch etp
Legal & General Investment Management has partnered with Source to launch its first exchange-traded product, the LGIM Commodity Composite Source ETF.
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lgim offers passive emerging market debt funds
LGIM has unveiled three passive emerging market sovereign debt funds that offer hedged and unhedged classes for sterling investors.
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UK business development hire for Legg Mason
Legg Mason Global Asset Management has hired ex-Legal and General Investment Management sales manager Dan Franklin as director of business development for the UK.
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lgim retail fund flows slump
Legal & General Investment Management’s retail business saw new fund flows more than half in the first nine months of 2011, year-on-year, even as the firm’s total AUM grew.
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lgim announces dollar-denominated liquidity fund
Legal & General Investment Management has added a dollar-denominated share class to its liquidity fund range.