Multi-asset at L&G
Investing for the long term
Why L&G for multi asset?
Diversified, resilient, and efficient solutions that seek to meet client outcomes
We have built a team of over 50 economists, strategists and fund managers, delivering innovative investment strategies and over £1,177 billion in assets under management*.
We are recognised by global consultants, advisers and clients as experts in strategic asset allocation and structural diversification across asset classes, regions and drivers of returns.
Our disciplined approach to tactical asset allocation exploits opportunities created by other market participants and has delivered a 62% hit rate across equities, fixed income, currencies and alternatives***.
Our investment solutions are designed to meet clients’ specific objectives, evolving continuously to seek to maintain a market-leading edge. Through trusted partnerships, we deliver knowledge sharing and expertise well beyond portfolio management.
*Source: L&G, global AUM as at 31 December 2025. Excludes assets managed by associates (Pemberton, NTR, BTR). The AUM includes the value of securities and derivatives positions and may not total due to rounding
**It should be noted that diversification is no guarantee against a loss in a declining market. Risk management cannot fully eliminate the risk of investment loss. Asset allocation is subject to change.
***Source: L&G as at 30 September 2025. Tactical asset allocation hit rate taken from the L&G Multi Asset Target Return Fund, based on L&G Asset Allocation team calculations, gross of fees attribution.
Our investment principles
We aim to deliver good outcomes for clients in a wide range of possible scenarios
Asset Allocation team
A holistic team-based approach
4 Economists
assess the macro environment and outlook
11 Strategists & Researchers
analyse the impact at an asset level
Fund Managers & Assistants
translate asset views into investments
5 Investment Specialists
support clients with queries
Source: L&G internal data as at 31 December 2025
Christopher Jeffery
Co-Head of Asset Allocation and Head of Macro
John Roe
Co-Head of Asset Allocation and Head of Multi-Asset
Asset allocation blog
Our latest views on markets and investment strategy
Multi-asset strategies - Providing a spectrum of solutions
At L&G, we are committed to providing attractive multi-asset strategies for our clients. This means targeting specific risk and return objectives and being market leaders in all aspects of product delivery and innovation.
Our clients can harness the expertise of L&G’s Asset Allocation team via Strategic core long-term, dynamically managed or low-volatility multi-asset solutions. We offer all of our multi-asset solutions on either a pooled or segregated basis.
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ESG and asset allocation
The Asset Allocation team is committed to integrating responsible investing as it continues to evolve, offering clients the choice of dedicated sustainable multi-asset funds, as well as integrating L&G’s responsible investing expertise into our broader fund range.
While L&G has integrated ESG considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.
Get in touch
Get in touch
If you would like any further information please complete the contact us form.
What is multi-asset investing?
Multi-asset investing can provide investors with a diversified exposure to a broad range of markets. By investing in a range of asset classes, countries, sectors and currencies, investors can avoid having a concentrated exposure to any one type of asset or driver of returns.
Risk management is an essential element of multi-asset investing. We incorporate risk management into our funds through a combination of advanced modelling techniques, investment judgement and oversight from our independent risk team. We aim to create portfolios that can perform through a variety of market conditions and that seek to withstand or reduce the impact of negative market events, as we recognise that investors prefer a smoother ride to achieving their goals.
Key risks
The value of any investment and any income taken from it is not guaranteed and can go down as well as up, and investors may get back less than the amount originally invested. The risks associated with each fund or investment strategy should be read and understood before making any investment decisions. Further information on the risks of investing is available from L&G's Fund Centres.
While L&G has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.