History
LGIM’s expertise in developing long-term, risk-aware investment solutions has helped us to become one of the world’s largest asset managers today. We believe that the best companies continue to evolve. At LGIM, we strive to do so through product innovation and continued enhancements to our client service model.
2021:
LGIM CEO Michelle Scrimgeour was appointed co-chair of the COP26 Business Leaders Group alongside the Rt Hon Alok Sharma MP for the 26th United Nations Climate Change Conference.
2020:
LGIM is rated top for responsible investment compared to world’s 15 largest asset managers by ShareAction.
2019:
LGIM becomes the largest asset manager to adopt the Taskforce for Climate-related Financial Disclosures.
2017:
Legal & General Investment Management Japan Co., Ltd.(LGIM Japan) was established to provide investment management services and client services in Japan
2015:
LGIM forms LGIM Real Assets, using Legal & General’s property and infrastructure investment management capabilities to capitalise on cross-sector synergies and widen its access to alternative asset classes.
2015:
LGIM’s share of the fast-growing DC market continued, with DC assets under management rising 13% to £46.1bn, and a rise in customers to 1.8m
2015:
LGIM cemented its position as the largest UK asset manager, with assets under management passing $1 trillion (£757 billion)*
2013:
LGIM gained approval for its first SICAV structure, allowing investors in key markets in Europe to access a number of LGIM strategies more easily
2012:
LGIM opened its Hong Kong office as part of our strategy to deliver our services and capabilities to Asian markets
2012:
LGIM’s assets under management passed the £500 billion mark
2011:
LGIM expanded its market-leading corporate governance team to cover all major developed equity markets
2009:
LGIM’s assets under management reached £300 billion which meant that, on behalf of its clients, LGIM had responsibility for approximately 4.5% of the UK stock market, as represented by the FTSE All Share Index (as at 31 December 2009)
2008:
LGIM ranked as the UK’s leading pension fund manager in the annual FTFM Pension Fund Manager Survey – a position it has retained (as at end 2015)
2006:
LGIM opened LGIMA - a Chicago-based investment manager specialising in fixed income and LDI strategies
2005:
LGIM launched a range of pooled liability driven investment (LDI) strategies
2003:
LGIM is established as the leading manager of UK pension fund assets
2001:
LGIM, working with a major client, developed one of the UK’s first LDI strategies
1988:
LGIM established its private equity team, Legal & General Venture Capital
1987:
Legal & General Property was founded
1987:
LGIM was the first UK company to offer pooled index strategies for UK pension funds
1986:
LGIM was appointed by its first external client for index strategy management
1971:
LGIM launched its first active fixed income strategy
1970:
Legal & General Investments was established (which later became LGIM), and started to manage assets for pension funds, institutional and private clients
1836:
Legal & General Life Assurance Society was founded
*as at 31 December 2015, including derivative positions and advisory assets. These figures include assets managed by LGIMA, an SEC Registered Investment Advisor.