Legal & General names retail division CEO
Current CEO of private markets Laura Mason will take on the role as Bernie Hickman exits
Current CEO of private markets Laura Mason will take on the role as Bernie Hickman exits
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Net outflows for Q1 stood at £0.1bn, representing 0.7% of funds under management
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Core net inflows of £1.5bn, representing 5% of opening assets under management and advice
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Full half-year results to be released on 13 November
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Total outflows increased to £2.1bn in the first half of its financial year
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Private equity takeover moves closer to completion
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LIFT is headquartered in Greater Manchester, with offices in London and Edinburgh
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Firm will acquire £800m of mostly institutional assets from the London-based boutique
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Investment professionals and support staff at Cantab will keep existing roles
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Some 30% of shareholders have already voted in favour of the sale to Saltus
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New trade body will co-ordinate and promote the industry’s interests
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‘We are redefining our strategy to reignite growth’, incoming CEO Andrea Montague said in the firm’s annual results
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