AJ Bell fails to undercut passive multi-asset giants on fees
Standard Life Investments and LGIM around 10 basis points cheaper
Standard Life Investments and LGIM around 10 basis points cheaper
Mirabaud manager takes over UK Special Situations following long search
UK fund giant poaches from ETF heavyweight SSGA
Sonja Laud has a background in global equity income
Current chief financial officer Siobhan Boylan has been poached by Brewin Dolphin
Move would have seen maker of Dove soap and Marmite drop from FTSE 100
UK exit must be approved by 75% of local shareholders
The UK’s largest asset manager has been making a retail push in Europe
Another blow for Lgim after toxic culture claims surface
Still on track to become first UK asset manager with £1trn AUM
Several whistleblowers have reported Legal & General Investment Management to the Financial Conduct Authority (FCA), accusing the fund group of fostering a “toxic” risk culture that has potentially resulted in clients losing millions of pounds.
Legal & General Investment Management (LGIM) is expecting to deliver operating profit growth of between 8% to 10% per annum over the medium term.