Legal & General Investment Management's Richard Hodges will take on the management of three additional fixed income funds totalling £2bn in assets, after existing manager Michel Canoy opted to exit the business.
Legal & General (L&G) has reported that its investment arm, LGIM, has taken in gross inflows of £15.4bn in the third quarter of the year,an increase of 71% on last year.
Legal & General is in talks with Unite over potential redundancies at from its protection and savings divisions.
Standard Life Investments (SLI) and Legal & General Investment Management (LGIM) are looking to sue Royal Bank of Scotland (RBS) over a controversial £12bn cash-call in 2008.
Legal & General Investment Management (LGIM) has appointed Justin Onuekwusi as a fund manager focusing on the firm's retail and risk-profiled multi-asset funds.
From Japan to the US via Europe and the UK, L&G Investments' multi-managers Tim Gardner and Alan Thein give their views on the global investment landscape.
Legal & General Investment Management (LGIM) recorded net inflows of £5.5bn in the first three months of the year, up 113% on the same period in 2012.