Legal & General
Legal & General sells Cofunds to Aegon
Legal & General Group has sold its investment platform Cofunds to Dutch insurer Aegon.
LGIM’s profits slip despite rise in international assets
Legal & General Investment Management’s profit slipped by a marginal 3% to £171m in the first half of the year versus the same period in 2015.
L&G ups UK property fund valuation by 5%
The price of Legal & General’s UK Property Fund rose by 4.3% after repricing the charge it imposed on people who wanted to withdraw cash from the fund.
People Moves | 5 Jul 16
PEOPLE MOVES: Friends Provident, Old Mutual, Legal & General
Friends Provident International and Old Mutual Global Investors have announced senior appointments in Asia. Legal & General Investment Management has created a new head of wealth management role and Axa IM has boosted its UK distribution efforts with its latest recruit.
People Moves | 28 Jun 16
PEOPLE MOVES: Legal & General, Axa, Schroders
Legal & General has named a Whitehall veteran as group chairman, while Axa has announced a series of senior level changes. Schroders has promoted from within to fill its head of multi-asset investment role.