‘Feared’ L&G intermediary chief takes senior governance role at STM
Duncan Crocker named as non-exec chairman
Legal & General
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PEOPLE MOVES: Aberdeen Standard, Brewin Dolphin, LGIM
Aberdeen Standard bolsters Hong Kong team, Brewin Dolphin hires a CFO, retail sales shake up at LGIM
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Global plastics purge to hit oil investors
Ecowarriors could have double the reason to celebrate the global push to eradicate plastics after Legal & General Investment Management highlighted the negative impact lower demand will have on the oil and petrochemical sectors.
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Asset managers failing at plain English
Standard Life, Legal & General and Santander are among the high profile firms named in a report that criticises asset managers for using obscure language, long sentences and jargon on their websites.
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PEOPLE MOVES: The Fry Group, LGIM, Pictet Wealth
The Fry Group appoints from Old Mutual for Singapore chief, Legal & General Investment Management recruits from Standard Aberdeen in Asia and Pictet Wealth’s chief exits.
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Underinvested, underinsured and over here – China’s wealthy on the move
China’s private wealth is growing at a break neck pace with four of its eastern provinces as wealthy as Portugal, according to analysis from Legal & General Investment Management (LGIM).
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Legal & General exits Indian life venture with £45m profit
Legal & General Group is to sell its 26% stake in IndiaFirst Life Insurance to private equity firm Warburg Pincus.
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Helena Morrissey jumps on gender equality fund trend
Legal & General Investment Management has become the latest fund manager to launch a passive fund tracking companies with diverse boards.
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Green light for LGIM’s Brexit plans
Legal & General Investment Management (LGIM) has been given the green light for its Brexit plans for European Union clients from the Irish regulator.
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PEOPLE MOVES: Globaleye, Carrick, Fidelity
Globaleye’s head of business development resigns, Carrick appoints a strategic projects director to its board and Fidelity hires an ex-Pioneer man in the newly created role of global head of product.
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PEOPLE MOVES: OMGI, Manulife, First Names
The London Insurance Fraud Enforcement Department has appointed a head of department, while a Newton Investment alum joins Old Mutual Global Investors as head of responsible investment, and a restructure at Jersey firm has reportedly lead to several job losses.
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Legal and General IM acquires ETF platform Canvas
Legal & General Investment Management is to acquire ETF Securities’ European exchange-traded fund platform Canvas, which has $2.7bn (£20.5bn, €22.8bn) of assets under management.