Asset Management

L&G targets further overseas growth

UK insurance and investment group details plans to expand in pensions de-risking and index equities in the US and Asia

L&G targets further overseas growth

UK insurance and investment group Legal & General set out more details of its US and international ambitions on Wednesday morning, as it outlined plans to further grow both its pensions de-risking and index equities businesses abroad.

Mark Gregory, the group's chief financial officer, told analysts on a conference call this morning that the group's funds unit Legal & General Investment Management had enjoyed "further expansion of international opportunities in the US and Asia" during the first three months of this year.

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