LGIM Assets Rise In ‘09

Feb 19 2010 | 10:15am 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.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of