Monday, 31 August 2015
Last updated 2 hours ago
Feb 19 2010 | 9:15am ET
Legal & General Investment Management, which recently launched its third hedge fund, saw a nearly 20% increase in assets under management last year, as its non-index fund clients poured new billions into the firm.
All told, LGIM’s AUM grew 19% to £315 billion in 2009. Net inflows were £8.8 billion.
The firm took in some £31.5 billion in new business inflows. Nearly a quarter of that money came from non-index funds, up from 14% in 2008.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…