Legal & General Investment Management attracted net inflows of £60bn in the first half of 2019, while Standard Life Aberdeen saw net outflows drop below £16bn.
Legal & General Investment Management (LGIM) LGIM has attracted external net inflows of £60.3bn in the first half of 2019, more than quadrupling its takings for the same time last year of £14.6bn, as Asian clients poured money into its index products. Overall, international business contributed £44.6bn to flows, including a £37bn passive mandate with the Japan Government Pension Investment fund, pushing international assets up 50% to £343bn. European net flows were £4.9bn, up from £400m in H1 2018, but LGIM's offering was less popular with US clients, who contributed £2.6bn, down ...
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