A credible addition

When one of the biggest and most successful long-term investors moves into an industry, that has to be a good sign. In this case the long-term investor is Legal & General (L&G) and the industry is the international life industry. In announcing it would launch an international life company this year, based in Ireland and with its first product an international pooled portfolio bond targeted at UK investors, the company brought instant credibility to an industry that has had its fair share of knockers over the years. If anyone ever suggested the long-term viability of international life c...