LGIM

LGIM’s European ETF business bled $3.6bn in 2024

UK’s largest asset manager recorded the highest ETF outflows of any provider in Europe last year

3 min read

L&G buys stake in US-based Taurus as private markets push continues

London-listed group also commits $200m of seed capital to invest in US real estate

2 min read

LGIM eyes benchmark caps amid tech stocks’ concentration

UK’s largest fund group says big investors are growing wary about the dominance of tech stocks in market benchmarks

3 min read

LGIM rejects private jet travel at Hyatt, Hilton and Marriott as a ‘perk’

Starbucks’ new CEO’s private jet deal has thrown a spotlight on corporate planes

2 min read

Inside LGIM’s search for a new CEO: ‘Eric knows what clients are looking for’

Eric Adler will take over leadership of the UK’s largest fund group from Michelle Scrimgeour later this year. His background in alternatives was key to him landing the job.

5 min read

Inside Schroders, Abrdn and LGIM’s CEO search: ‘It’s a Kodak moment for active managers’

Changes are coming to the boardrooms of some of the UK’s largest fund management groups, as firms begin the hunt for new CEOs

4 min read

LGIM chief executive Scrimgeour to depart in strategy overhaul

Pensions and investment giant puts private markets at heart of new asset management strategy as it refocuses business

2 min read

Investors can’t be ‘deaf’ to exec pay debate, LGIM stewardship boss warns

The fund house backed a controversial £1.8m pay rise for AstraZeneca chief Pascal Soriot, but won’t pay for ‘mediocrity’

4 min read

Investors in sustainable funds are being exposed to oil and gas developers, according to new research

BlackRock, LGIM and DWS sustainable passive funds exposed to fossil fuels

Analysis of sustainable passive funds by Reclaim Finance finds hundreds exposed to oil giants and coal producers

3 min read

L&G's fund is one of the few left standing in the sector after a wave of suspensions and closures

LGIM overhauls UK property fund amid sector liquidity fears

The £1.2bn L&G UK Property fund will adopt a 'hybrid' approach, investing equally in direct property and real estate investment trusts

'We're looking at Korea and Taiwan as interesting markets' says LGIM's boss

LGIM to open Singapore office as international push continues

The £1.2tn asset manager continues to expand its reach outside of the UK

Big name asset managers are positioning themselves early for a piece of the metaverse action

Fidelity, Legal & General and AXA IM ‘clutching surfboards’ to ride metaverse wave

Fund houses want to cash in on predictions the metaverse market could be worth as much as $13tn by 2030

'What you really need to progress your career is a sponsor - somebody who is going to vouch for you when you're not in the room'

LGIM’s Justin Onuekwusi on diversity, role models, and inclusive asset management

Financial News continues our coverage to mark Black History Month with a discussion with LGIM's retail investing boss

'We will continue to monitor liquidity and the evolving market situation,' said a spokesperson for Legal & General Investment Management

L&G, Abrdn reassure over property funds after Columbia Threadneedle suspension

More than £100m was pulled from a sample of property funds tracked by Calastone in the 10 days following the tax cuts announced by UK chancellor Kwasi Kwarteng

3 min read

For 2022, LGIM intends to begin voting against chairs of UK companies and nomination committee chairs at US companies with no ethnic diversity on their board

LGIM piles pressure on boardroom diversity and pay

Legal & General Investment Management has ramped up voting against US companies in particular that have poor boardroom diversity records

4 min read

Sonja Laud tells investors to brace for more volatility

LGIM’s Laud warns that bond investors face inflation reckoning: ‘Prepare for a more volatile environment’

Chief investment officer of the UK's largest asset manager warns return-hungry investors are turning away from bonds

2 min read

LGIM has divested from AIG, Industrial and Commercial Bank of China, PPL Corporation and China Mengiu Dairy due to their failure to respond to climate concerns

Climate concerns triggers LGIM’s divestment from AIG, Commercial Bank of China

Firm cited ‘unsatisfactory responses to engagement’ as reason for pulling back investment

2 min read