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About L&G’s Asset Management division

We are the Asset Management division of L&G

L&G's Asset Management business is a major investor across public and private markets worldwide, with €1,301 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet. 


Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term.
We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change.

*Source: L&G, global AUM as at 30 June 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. 

Our purpose is rooted in three key principles:

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Partnership

We work with our clients to achieve positive long-term outcomes

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Expertise

We have industry-leading expertise that draws strength from diversity

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Responsibility

We are a responsible investor, rising to the challenges of a rapidly changing world

Our responsible investment beliefs

Returns

We believe responsible investing is essential to improve long-term returns, unearth opportunities and mitigate risks by fostering sustainable markets and economies.

Responsibility

We have a responsibility to many stakeholders. When we allocate capital, we conduct extensive research into potential environmental and societal outcomes

Materiality

ESG factors are financially material, albeit not all to the same degree. And patience is required, because the time horizons of ESG outcomes and investment returns are not always aligned

Engagement

Engagement with consequences is the best way to deliver long-term, systemic change on a global scale

1970

L&G’s Asset Management business is established and starts to manage assets for pension funds, institutional and private clients

2015

L&G’s Asset Management business cements its position as largest UK asset manager, with over $1 trillion AUM (£746 billion)*

2020

L&G’s Asset Management business is rated top for responsible investment compared to world’s 15 largest asset managers by ShareAction

*Source: L&G, global AUM as at 30 June 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.

Targeting long-term responsible investing goals

In partnership with, and on behalf of, our clients we target a broad range of ESG objectives. These include:

  • Reaching net-zero greenhouse gas emissions by 2050 or sooner across all assets under management
  • Setting an interim target of 70% of eligible AUM to be managed in alignment with this net-zero ambition by 2030
  • Achieving net-zero carbon across our real estate portfolio by 2050 [1]

L&G as at May 2024. For further information on our responsible investing goals, please visit our Active Ownership page

[1] For this first interim target, unveiled as part of the Net Zero Asset Manager initiative, we have excluded Government securities and Derivative assets due to lack of clear industry methodologies to account for these asset classes to date.

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, and the investor may get back less than the original amount invested.

Whilst 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.

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 in this fund is available in the prospectus here:

It should be noted that diversification is no guarantee against a loss in a declining market.