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LGIM sees assets jump to £1 3trn despite redemptions from index funds

LGIM sees assets jump to £1.3trn despite redemptions from index funds Investors pulled £6.8bn from LGIM index funds as DB schemes de-risked during the pandemic Legal & General Investment Management weathered Covid uncertainty last year, reporting a 7% jump in its assets under management from £1.2trn in 2019 to £1.3trn in 2020. Legal & General’s investment arm saw external net flows of £20.4bn driven by structural demand for the company’s products “against a prior year comparator which included a £37bn mandate with the Japan Government Pension Investment Fund,” according to the company results. Operating profits rose by 3% to £404m “reflecting increased revenues from flows and asset values, which were partially offset by LGIM’s continued investment in its growth strategy”. The company highlighted key areas of investment over the last year as data analytics, digital customer experience, investment platform optimisation and international expansion, including the

Investegate |Legal & General Grp Announcements | Legal & General Grp: L&G Full Year Results 2020 Part 1

Investegate |Legal & General Grp Announcements | Legal & General Grp: L&G Full Year Results 2020 Part 1
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

Avantis Investors Continues to Build out Relationship Management Team

Avantis Investors Continues to Build out Relationship Management Team
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Avantis Investors Continues to Build out Relationship Management Team

Avantis Investors Continues to Build out Relationship Management Team
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Avantis Investors Launches its First Fixed Income Mutual Funds

Avantis Investors Launches its First Fixed Income Mutual Funds Avantis Investors Launches its First Fixed Income Mutual Funds KANSAS CITY, Mo., Feb. 24, 2021 /PRNewswire/  Following the launch of its first three fixed income exchange traded funds (ETFs) over the past few months, Avantis Investors, a $3.5 billion investment brand from global asset manager American Century Investments, today announced the launch of its first low-cost, broadly diversified fixed income mutual funds: Avantis ® Core Municipal Fixed Income (AVMUX), Avantis ® Core Fixed Income (AVIGX) and Avantis ® Short-Term Fixed Income (AVSFX). These funds, available in Institutional Class shares, have the same strategy as their corresponding ETFs, which trade on the NYSE Arca, Inc. – AVMU, AVIG and AVSF

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