Passive players overtake Baillie Gifford at top of the sales chart
HSBC Gam and LGIM boosted by DFMs looking to curb MPS costs
HSBC Gam and LGIM boosted by DFMs looking to curb MPS costs
|
|
More than a 50% increase in ETF AUM over H1 2021 to $13bn
|
|
Comes after major shareholder LGIM warns against private equity firms taking over supermarket chain for ‘the wrong reasons’
|
|
Comes months after rival Schroders unveils its own low-cost model portfolios
|
|
Fund’s assets failed to get above £50m since launching in 2018
|
|
The LGIM multi-index team has been underweight US stocks during 2020 due to concerns about mega caps
|
|
Deal brings in £5.8bn AUM and follows hot on the heels of Cavendish Online purchase
|
|
Half-year results also revealed launch of real assets fund aimed at pension funds and other institutional investors
|
|
Previous freemen of the City of London include Nelson Mandela, Bill Gates and Judy Dench
|
|
LGIM’s head of retail multi-asset spots opportunities in high yield and diversification beyond the ‘usual suspects’
|
|
LGIM was able to navigate Brexit liquidity problems but has now been hit by valuation uncertainty
|
|
World’s largest pension fund helps group’s assets under management hit £1.2trn
|
|