About L&G’s Asset Management division
We are the Asset Management division of L&G
L&G's asset management division is a major global investor across public and private markets, with CHF 1,275 billion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet. Our investment philosophy and processes are focused on creating value over the long term.
*Source: L&G internal data as at 30 June 2024. The AUM disclosed aggregates the assets managed by L&G's asset management divisions in the UK, US and Hong Kong (2018-2019 only), and Singapore from July 2023. Excludes joint ventures and assets managed by associates.
Our purpose is rooted in three key principles:
Partnership
We work with our clients to achieve positive long-term outcomes
Expertise
We have industry-leading expertise that draws strength from diversity
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
Capabilities
Investment management capabilities to suit our clients’ needs.
More about LGIM
Executive team
Our executive team have a clear vision: for LGIM to be a global asset manager of scale and substance.
Awards
We have been frequently recognised for our investment expertise, approach to responsible investing and partnership with our clients.
*Source: L&G as at 31 December 2015. The AUM disclosed aggregates assets managed by L&G in the UK and US and includes the value of securities and derivatives positions.
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]
Legal & General Investment Management, 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, Legal & General Investment Management has 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, you may not get back the amount you originally invested. Past performance is no guarantee of future results.
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: